Commentary & Analysis on Current Events & Issues in Large & Mid-Market Chapter 11 Cases
Commentary & Analysis on Current Events & Issues in Large & Mid-Market Chapter 11 Cases
The Texas Rangers Chapter 11 case is finally winding down, following several weeks of nearly non-stop legal wrangling and high stakes drama. Rangers Baseball Express, LLC (“RBE”), a group fronted by legendary pitcher Nolan Ryan, emerged as the winner following …
Continue Reading Texas Rangers Chapter 11 Saga – Lessons Learned?
The Chapter 11 case of Texas Rangers Baseball Partners (“TRB Partners”) has devolved into a slow motion train wreck.
It appeared that order might finally emerge from chaos earlier this week when Judge Michael Lynn of the U.S. Bankruptcy Court…
Continue Reading High Stakes Drama in Texas Rangers Case Continues Unabated
The Chapter 11 case of Texas Rangers Baseball Partners (“TRB Partners”) continues to take fascinating turns, and is fast becoming a cautionary tale about the risks of using the bankruptcy process to achieve a quick result without the consent of…
The 2010 Major League Baseball season may not yet even be at the halfway point, but events in the Chapter 11 case of Texas Rangers Baseball Partners are beginning to resemble the taut back and forth of the final weeks of…
Continue Reading Hardball in the Texas Rangers’ Chapter 11 Case
The Texas Rangers’ lenders thought they had thrown a perfect strikeout pitch to prevent the confirmation of the Rangers’ proposed plan of reorganization. Instead, they now know how Hugh Casey felt.
The Texas Rangers recently filed for bankruptcy under chapter 11…
