The Daily Docket: Dodgers Seek MLB Probe
The Los Angeles Dodgers on Monday said the ballclub needs to probe Major League Baseball’s dealings with other MLB members as it prepares for a four-day trial that will determine its future. Read the Daily Bankruptcy Review article here.
Casual-dining chain Real Mex Restaurants Inc. filed for Chapter 11 bankruptcy protection Tuesday. Click here to read the DBR Small Cap article.
(The Daily Bankruptcy Review and DBR Small Cap are daily newsletters with comprehensive coverage and analysis of emerging and in-progress insolvencies and turnarounds. For a two-week trial to DBR, click here. For DBR SC, click here.)
Shares of American Airlines parent AMR Corp. plunged Monday on fears of a bankruptcy filing by the company, The Wall Street Journal reports.
Also according to WSJ, newly released emails show that top officials for the White House rejected worries about Solyndra LLC before President Barack Obama visited in 2010.
The Los Angeles Dodgers had a mediator appointed to its bankruptcy case to help the team and MLB Commissioner Bud Selig make amends over the ballclub’s future, Bloomberg reports.
A group of law firms sued by Heller Ehrman want a district judge—not a bankruptcy judge—to hear Heller’s claims against them, Reuters reports, citing a Supreme Court decision issued earlier this year in Anna Nicole Smith’s bankruptcy case.
WSJ wonders how to “unlock the cash” hidden inside the patents of Eastman Kodak Co. and whether that, and not a possible bankruptcy, is the company’s biggest challenge.
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