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MLB Wants Dodgers to Cover League's Legal Costs in Bankruptcy
The settlement between Major League Baseball and Los Angeles Dodgers owner Frank McCourt didn't resolve all their differences: Baseball Commissioner Allan "Bud" Selig now wants the league's $7.6 million in legal bills and costs paid for by the team before it emerges from bankruptcy.New Antitrust Complaint Against Genentech Raises Ghost of 2007 Supreme Court Loss
News broke recently that Human Genome Sciences has filed a juicy antitrust complaint against Genentech in Delaware federal district court.Supreme Court Affirms Chancery Decision on Redemption Prices
The Delaware Supreme Court, affirming a Chancery Court decision, has ruled that corporations have the right to determine the amount of funds they will make available for a stock redemption if the company is in danger of becoming insolvent and that "funds legally available" does mean the same as a "surplus."Brown Rudnick Defends Beacon Power Bankruptcy Fees, While Kodak Billers Line Up
Bankruptcy Judge Rejects Dodgers' Hedge Fund Loan Plan
Delaware Bankruptcy Judge Kevin Gross rejected a proposal by Los Angeles Dodgers owner Frank McCourt to get a $150 million loan from hedge fund manager Highbridge Capital to the Dodgers, favoring instead a loan of equal value by Major League Baseball.Owner's Ex-Wife Seeks a $131 Million Cut From Dodgers Sale
Jamie McCourt, ex-wife of Los Angeles Dodgers owner Frank McCourt, is fighting to ensure that she is one of the first people in line to get paid following the $2 billion sale of the baseball team.Steptoe, Quinn File Samsung's Latest Salvo Against Apple in Smartphone Patent Wars
Samsung Electronics has unleashed the latest salvo in its ongoing multi-front battle with Apple over patents covering smartphone and tablet technology. Last week a team from Steptoe & Johnson and Quinn Emanuel Urquhart & Sullivan filed this 21-page complaint in the International Trade Commission seeking to stop the import of popular Apple products into the United States.Reports: Burkle, Barnes & Noble Near Settlement (Update: Talks Collapse)
Dodgers removing impediments to reorganization plan and sale
The Los Angeles Dodgers appeared to have made progress toward clearing up a couple of last-minute money disputes ahead of an April 13 hearing to confirm a bankruptcy reorganization plan that provides for selling the team for $2 billion.Trending Stories
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