As part of the settlement, the Dodgers, which wanted to sell media rights to future games as a way to boost the value of the team before it goes up for sale, will not market its media rights beyond 2013.
Friedman Corp. v. Universal Molding Co. (C.D. Cal.)
The bankruptcy judge that presided over the liquidation of an aluminum and vinyl product manufacturer must decide whether a copyright dispute concerning a software license granted to the company is a “core” proceeding giving him jurisdiction to decide the case.
In re Nortel Networks Inc. (3d Cir.)
The 3rd U.S. Circuit Court of Appeals has upheld a series of rulings holding that the automatic bankruptcy stay bars the United Kingdom's chief pension regulator from taking action against Nortel Networks over a $3 billion deficit in the company’s pension plan covering U.K. employees.
In re Fontainebleau Las Vegas Holdings LLC (Nev.)
The Nevada Supreme Court has blocked contractors holding liens on the ill-fated Fountainebleau Las Vegas casino from introducing hundreds of pages of documents into evidence in their priority-of-payment dispute with lenders, finding that it is limited to the record before the bankruptcy court.
Declining financial performance, crippling legacy costs and massive debt levels led the company to file for bankruptcy protection for the second time in less than three years.
American Airlines' parent could save hundreds of millions of dollars by renegotiating leases, experts said. But negotiations could get complex.
Louis Freeh said that MF Global's creditors deserve to rank higher in the pecking order for repayment on some claims than customers of its brokerage unit.
The ice cream and burger chain said it completed its restructuring, three months after it filed for bankruptcy, hurt by weak consumer spending and higher costs.
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7th Circuit upholds settlement of university’s TV license dispute
Supreme Court hears farm sale tax dispute
Lehman bankruptcy judge denies Morgan Stanley customer status
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