League is trying to bankruptcy throw out

[Shane]

League is trying to get bankruptcy thrown out

http://www.cbssports.com/nhl/story/11720250

 

[Mulli]

BK throw out?

 

[coyoteshockeyfan]

There will be a hearing on this May 19th.

 

[Mulli]

translation:

PHOENIX -- The National Hockey League said it has been in control of the Phoenix Coyotes since November and is asking a federal judge to throw out the team's bankruptcy filing.

 

[Brian in Mesa]

translation:

Glad someone can translate Shanese for the rest of us.

 

[Shane]

Glad someone can translate Shanese for the rest of us.

yea I noticed how I screwed up the thread title after the fact.

To bad you cant fix it. At least I cant.

 

[Ryanwb]

I don't understand this move at all....

 

[ryanshaug]

"NHL deputy commissioner Bill Daly said Coyotes owner Jerry Moyes signed documents giving control of the team to the league. Daly said the documents specifically prohibit Moyes from taking the franchise into bankruptcy."

If that's true...and the documents are enforceable, then it would seem to me that the NHL should have the upper hand here...seems like Moyes for whatever reason tried to pull a fast one, as if nobody would notice...

 

[ASUCHRIS]

"NHL deputy commissioner Bill Daly said Coyotes owner Jerry Moyes signed documents giving control of the team to the league. Daly said the documents specifically prohibit Moyes from taking the franchise into bankruptcy."

If that's true...and the documents are enforceable, then it would seem to me that the NHL should have the upper hand here...seems like Moyes for whatever reason tried to pull a fast one, as if nobody would notice...

Yeah, if it does indeed turn out that the NHL took control in November, and had Moyes sign documents specifically forbidding a bankruptcy filing, then the bk filing should be moot.

 

[coyoteshockeyfan]

Four different groups have now applied to buy the Coyotes to keep them in Glendale.

http://www.azcentral.com/sports/coyotes/articles/2009/06/06/20090606spt-coyotes.html