Bankruptcy, Bankruptcy Protection | featured news

MLB objects to Dodgers bankruptcy financing

Major League Baseball is objecting to the bankruptcy filing by the Los Angeles Dodgers, accusing team owner Frank McCourt of siphoning off more than $100 million in club revenue and driving the Dodgers into a liquidity crisis....

 

Los Angeles Dodgers file for bankruptcy protection

A spokesman for the Los Angeles Dodgers says the National League club has filed for bankruptcy protection in Delaware, according to the Associated ...

 

In First Report After Bankruptcy, G.M. Posts Loss

In First Report After Bankruptcy, G.M. Posts Loss

G.M. said Wednesday that it had positive cash flow of $1 billion in the six months after it emerged from bankruptcy protection last July, but that it lost $4.3 billion in that period, mostly because of the cost of settling with the United Auto Workers union over retiree health benefits, one of the burdens that helped bring the company to its knees.

 

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