The Daily Docket: Judge Inclined to Reject Dodgers Probe Request

10/06/11

A bankruptcy judge Wednesday said he is inclined to turn down a bid by the Los Angeles Dodgers to probe Major League Baseball’s dealings with other MLB members for proof Commissioner Bud Selig is treating the ball club unfairly. Read the Daily Bankruptcy Review article here.

Hong Kong-based technology giant CDC Corp. filed for Chapter 11 bankruptcy protection after a hedge fund investor won a $65.4 million judgment against it. Click here to read the article in DBR Small Cap.

(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.)

Bernard Madoff bankruptcy trustee Irving Picard is battling to keep claims he’s made in a $59 billion lawsuit against Austrian banker Sonja Kohn, The Wall Street Journal reports.

Bankruptcy filings in the Phoenix area have declined 29% from a year ago, the Arizona Republic reports. Filings in western New York have also dropped, the Buffalo News reports.

According to the Source, investors are taking comfort that the European Union might be restoring confidence in the banking sector.

Investment bank Miller Buckfire has hired Houlihan Lokey restructuring pro John McKenna, DealBook reports.

Attorneys in the bankruptcy case of Ponzi-scheme operator Scott Rothstein’s Florida law firm want to recoup money from fight promoter Don King, the Sun Sentinel reports.

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