Why the Cubs & Wrigley are not a part of the Tribune bankruptcy
by FuturePants on Dec 9, 2008 1:08 PM CST
11 comments
Interesting paragraph:
Rubin told me that a parent corporation can file for bankruptcy without the subsidiary filing. The point of doing this is to make it easier to sell the Cubs without all the rules associated with the bankruptcy court, including timely filings of financial information. Another bankruptcy lawyer friend of mine told me that it would also allow the Cubs employees, and anyone associated with dealing with the Cubs, to better operate on a "business as usual" basis.
0 recs |
11 comments
Email
Print
Comments
why couldn't this
be posted in the other thread?
I'm undefeated in fights. Have I been in any? No. Thats because people know my f'ing status. Don't mess with the elite. - Miles
by Dirk Diggler on Dec 9, 2008 1:11 PM CST reply actions 0 recs
thread nazi?
check.
mormons stole me and held me against my will with Oklahoma beer and 12+ hour work days.
by Jayslick on Dec 9, 2008 1:39 PM CST up reply actions 0 recs
Because the other thread is about to disappear
due to fifteen posts about FOTF being not shopped around
by JBImaknee on Dec 9, 2008 1:40 PM CST up reply actions 0 recs
Right
Which is why I linked back to Excel Hearts Choi’s article, too. I thought someone may be interested, or maybe it’s just because I’m a lawyer, dunno. At any rate, EHC isn’t mad at me, I promise.
by FuturePants on Dec 9, 2008 2:35 PM CST up reply actions 0 recs
Yeah sorry
guess my annoyance should’ve been directed at the other redundant threads, not this one.
I'm undefeated in fights. Have I been in any? No. Thats because people know my f'ing status. Don't mess with the elite. - Miles
by Dirk Diggler on Dec 9, 2008 2:55 PM CST up reply actions 0 recs
Zell in legal trouble?
Zell, the owner of the Tribune Company is now possibly in trouble with all the crap going down in Illinois. A US Attorney issued an official statement about what is going on. Talking Points Memo has a summary of the part relating to Zell:
In other words, the Tribune company wanted a deal that would save them millions. Harris, the governor’s aide, told them that if they removed the paper’s ed board, the governor would play ball. In response, Harris got the impression that Zell had received the message and would do what Blagojevich wanted. The governor was pleased.
by Excel Hearts Choi on Dec 9, 2008 1:16 PM CST reply actions 0 recs
Corrupt Chicago
Wow Chicago politicians are corrupt. Blagojevich replaced a governor that is still serving time. Wonder if they’ll share a cell together.
Signature! I don't need no stinking signature!!
by DerekSTheRed on Dec 9, 2008 1:22 PM CST reply actions 0 recs
corrupt chicago
im SHOCKED…just SHOCKED
Scout: He was a first-round pick right? Got a huge bonus?
KG: Oh yeah.
Scout: Well, he spent a lot of it on milkshakes.
by knockoutking on Dec 9, 2008 1:29 PM CST up reply actions 0 recs
he is the 4th governor to have gone to prison in Illinois in 35 years...
mormons stole me and held me against my will with Oklahoma beer and 12+ hour work days.
by Jayslick on Dec 9, 2008 1:41 PM CST up reply actions 0 recs
On a positive or negative note
this means when Hicks goes bust that the Rangers and Liverpool dont have to go into the chapter 11 with his HSG as a whole.
mormons stole me and held me against my will with Oklahoma beer and 12+ hour work days.
by Jayslick on Dec 9, 2008 1:44 PM CST reply actions 0 recs
Comments For This Post Are Closed
Secondary Sidebar
FanPosts
Community blog posts and discussion.
Certain photos copyright © 2009 by Associated Press or Getty Images. Any commercial use or distribution without the express written consent of Associated Press and Getty Images is strictly prohibited.
