The Daily Docket: L.A. Dodgers File For Bankruptcy

The troubled Los Angeles Dodgers baseball club filed for bankruptcy in Delaware. Our colleagues at Deal Journal have the Chapter 11 pettion.

Technology heavyweights will throw down Monday for the formidable patent portfolio of Nortel Networks Corp., vying to stock up their arsenals for raging legal battles over smartphones, Web advertising and whatever comes next in the multitrillion-dollar technology wars. Read the Daily Bankruptcy Review story here.

The trustee overseeing the bankruptcy of Chicago pizza chain Giordano’s is seeking to bar a fringe political figure from filing “frivolous and incoherent” legal documents in the case. Read the Daily Bankruptcy Review Small Cap story here.

The trustee seeking to recover money for Bernard Madoff’s victims filed an amended complaint Friday that increases the damages being sought from J.P. Morgan Chase & Co. to $19 billion from $5.4 billion, The Wall Street Journal reports.

WSJ says Intel Corp. received a green light from the Justice Department to bid on a trove of high-tech patents being sold by bankrupt Canadian telecom-equipment maker, Nortel Networks Corp., according to a posting by the Federal Trade Commission on Friday.

Saab workers won short-term lifeline Monday, Dow Jones Newswires reports, when an unidentified Chinese company bought 582 Saab cars for 13 million euros ($18.4 million) in cash, money the company wants to use to pay employee wages and some of the unpaid bills it owes its suppliers.

College bookstore chain Nebraska Book Co filed for Chapter 11 Monday reports Reuters.

Deb Shops Inc., the women’s-clothing retailer, filed for Chapter 11 protection Sunday reports Market Watch.

The bankruptcy system may also be a loser in the Supreme Court’s Anna Nicole Smith decision writes law professor Bob Lawless at Credit Slips.