Judge Allows Frank McCourt to Get Loan
Los Angeles Dodgers owner Frank McCourt can move ahead with a $ 150 million loan to meet payroll and cover bills, but a hearing will be held next month on an alternate financial proposal by Major League Baseball, attorneys involved in the team’s bankruptcy case agreed today.
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McCourt’s control of Dodgers in hands of court
Bankruptcy Judge Kevin Gross will need to choose between Frank McCourt’s preferred loan or an offer from MLB.
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