The Daily Docket: No Decision on Dodgers Loan

A bankruptcy judge declined to rule Wednesday evening on the contentious battle between the Los Angeles Dodgers and Major League Baseball over who will fund the team’s Chapter 11 case. Read the Daily Bankruptcy Review story here.

Jackson Hewitt Tax Service Inc. has asked a bankruptcy judge to head off a possible creditor appeal of the Chapter 11 plan confirmation it expects to win in August. Read the DBR Small Cap story here.

(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.)

Sandwich chain Quiznos finds itself on the brink of default after a costly leveraged buyout and a recession that toasted its sales, The Wall Street Journal reports.

Harrisburg, Pa., city officials are considering a commuter tax as a way to dig the city out of its debt crisis, WSJ reports.

Investors have become more aggressive in recent weeks in resisting declining returns on leveraged loans and high-yield bonds amid the sovereign-debt crises in Europe and slow economic growth in the U.S., WSJ reports.

Minnesota’s Sun Country Airlines has found a new owner after emerging from Chapter 11 protection earlier this year, WSJ reports.

Retired public safety workers of Central Falls, R.I., are anxiously waiting to find out exactly how much their benefits will need to be cut to save the city from bankruptcy, the Providence Journal reports.

Film financier David Bergstein has won at least a temporary court victory in his battle against the trustee overseeing five companies he ran, including Capitol and ThinkFilm, that were forced into bankruptcy, according to the Hollywood Reporter.