Los Angeles Dodgers filed bankruptcy on Monday, and Major League Baseball immediately countered by filing a motion stating that it would provide an alternative financing plan for a loan to keep the team afloat with better terms than the loan secured by owner Frank McCourt. A bankrupcty hearing is scheduled for today at 1:30 p.m. Read more here.
L.A. Dodgers: Bankruptcy Hearing Today
Filed under Legal, Money & Financials
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