Maury Brown writes that today's ruling may allow the creditors to block the sale of the Rangers to the Greenberg/Ryan group. The Brown story includes a link to the full 28 page opinion of the judge.
Maury will also be on ESPN Radio at 3:25 Central in Dallas to discuss the ruling and its implications.
Buster Olney quotes a club executive as saying the Rangers can "forget about Roy Oswalt," and probably any other significant addition this season, in the aftermath of this ruling.
UPDATE -- Daniel Kaplan with Sports Business Journal also has a story up on today's ruling.