Dodgers Judge Rejects Bankruptcy Loan, Sides With Major League Baseb...

07/22/11

Dodgers Judge Rejects Bankruptcy Loan, Sides With Major League Baseball
Bloomberg
The so-called debtor-in-possession loan would fund the Dodgers' operations during the bankruptcy. The next phase of the case will center on control of the Dodgers and how best to reorganize the team. In bankruptcy, the DIP lender can have more ...