ysynut.wordpress.com
U.S. Bankruptcy Court Judgde Redfield T. Baum, however, shot down an effort by Moyes’ lega team to depose Reinsdorf. The Bettmahn and Daly depositions will occur laterthis month. Reinsdorf, Phoenis attorney and lobbyist John Kaites and formerf Los Angeles Angels and Montreal Expos President Tony Tavaresd put forwarda $148 million offe to refinance and rework the Coyotes debt — a deal that calles for keeping the team in That rivals a $213 million, cash offer from Research in Motionm CEO Jim Balsillie, who wants to move the team to Ontario.
Moyes’ attorneys had sought more informatiobn from Reinsdorf and the NHL regardingythe bid’s specifics, including how much cash, if any, is involved. A federal bankruptcy official administering the Phoenix Coyotez Chapter 11 reorganization also wants more informatioregarding Reinsdorf’s bid. U.S. Trustee attorneye Ilene Lashinsky and Larry Watson are among thosde seeking more details on the Reinsdorv bid submittedlast month. U.S. Trustee is a federal entitt that administers bankruptcy cases and sometimes puts forth its opinion inmateriak matters.
There are also efforts by Moyesand Balsillie’zs attorneys to see what happened to the threer other possible bids to keep the team in which the NHL had talked Baum also is considering a request by the city of Glendale to have Coyotes coach and part-owner Wayne Gretzky’es tax records and finances Gretzky’s attorneys are fighting that The Coyotes coach makes $8 million annually, according to bankruptcyt court documents. He would get a $22 millionj pay-out if the team moves to Canada and he steps down as part ownerdand coach.
No comments:
Post a Comment