Entries from August 2009

August 28, 2009

Who Decides Who can Own a Professional Sports Team; a Sports League or a Court of Law?

An interesting case coming from the NHL will most likely decide whether a sports league or a court of law may decide who may purchase a professional sports franchise.  http://www.law.com/jsp/article.jsp?id=1202433401660&rss=newswire
The Phoenix Coyotes of the NHL filed for bankruptcy earlier this year in which the bankruptcy court will decide whether Jim Balsillie, a wealthy businessman from Canada, [...]