Dodgers Now

Steve Dilbeck and The Times' Dodgers reporters
give you all the news on the boys in blue

« Previous Post | Dodgers Now Home | Next Post »

No ruling today in Dodgers bankruptcy

Frank3
Judge Kevin Gross will not rule Thursday in the Dodgers bankruptcy case, according to one of the parties involved in the case.

Gross heard arguments for nine hours Wednesday about whether Dodgers owner Frank McCourt should be able to use a loan he arranged to finance the team during the bankruptcy process rather than one offered by Major League Baseball.

MLB's loan offers better terms than the one McCourt secured from a hedge fund, but McCourt is concerned that baseball has become an adversary and is more interested in ousting him from ownership than helping him out of a financial bind.

Gross said the court would oversee how the loan money was used.

RELATED

Bankruptcy judge to base Dodgers bankruptcy decision on bottom line

Dodgers' Clayton Kershaw doesn't get a chance to throw complete gem

-- Bill Shaikin

Photo: Dodgers owner Frank McCourt attends the team’s season opener on March 31. Credit: Allen J. Schaben / Los Angeles Times

 
Comments () | Archives (0)

The comments to this entry are closed.


Connect

Recommended on Facebook


Advertisement

In Case You Missed It...

Video

About the Blogger

Recent Posts

Categories


Archives
 


Bleacher Report | Dodgers

Reader contributions from Times partner Bleacher Report

More Dodgers on Bleacher Report »




Get Alerts on Your Mobile Phone

Sign me up for the following lists: