TITLE

Dodgers File Ch. 11, Get $150M DIP

AUTHOR(S)
Colter, Allison Bisbey
PUB. DATE
June 2011
SOURCE
High Yield Report;6/27/2011, p25
SOURCE TYPE
Periodical
DOC. TYPE
Article
ABSTRACT
The article reports on the move by the baseball team Los Angeles Dodgers to file for Chapter 11 bankruptcy in the U.S. Bankruptcy Court in Wilmington, Delaware as of June 27, 2011. The filing was done following the rejection by the Major League Baseball of the television deal for the team. It cites the 150 million dollar debtor-in-possession (DIP) financing that was pledged by Highbridge Principal Strategies to the team.
ACCESSION #
66187668

 

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