Martin Sosland

NHL’s Dallas Stars Get Approval to Auction Team; Chuck Greenberg to Bid

The Dallas Stars, the bankrupt National Hockey League team, won court permission to sell itself at an auction in which hotelier Tom Gaglardi may compete with lawyer Chuck Greenberg, a former co-owner of the Texas Rangers.

Dallas Stars NHL Franchise May Get Bid From Chuck Greenberg, Lawyer Says

Chuck Greenberg, former chief executive officer and co-owner of the Texas Rangers baseball team, may seek to purchase the bankrupt Dallas Stars of the National Hockey League, a lawyer said today in court.

Texas Rangers, Lenders Agree on Restructuring Officer to Monitor Team Sale

The Texas Rangers and lenders opposing a proposed sale of the Major League Baseball team agreed on the selection of a chief restructuring officer who may decide whether the $575 million deal will go forward.

Blockbuster `Insolvent,' Bankruptcy Should Be Liquidation, Creditor Says

Blockbuster Inc. , accused by Summit Distribution LLC of being unable to pay $1.6 million owed for DVDs of “The Twilight Saga: Eclipse,” should liquidate, the creditor of the bankrupt movie-rental chain said.

Rangers See No Option Except Sale as Lenders Say Higher Bid Is `Out There'

The Texas Rangers said there is “no viable option” for the team except a $575 million bankruptcy sale, while a group of secured lenders said the club could get a better deal.

Texas Rangers to Tap $21.5 Million Bankruptcy Financing From Major League

The Texas Rangers will draw on a $21.5 million loan from Major League Baseball to finance operations while the team arranges a bankruptcy sale, and not financing from secured lenders who oppose the planned sale.

Blockbuster Bid by Carl Icahn Looks Like a Loser, Analysts Say

A second bet on Blockbuster Inc. , the bankrupt movie-rental company, by billionaire Carl Icahn is starting to look like a loser, analysts said.

Icahn, Monarch Are Said to Target Bankrupt Blockbuster for Possible Buyout

Creditors including billionaire Carl Icahn and Monarch Alternative Capital LP are targeting Blockbuster Inc. , the bankrupt movie-rental company, in a possible buyout for less than $300 million, a person familiar with the matter said.

Blockbuster Can Take Bankruptcy Loan, Pay Studios

Blockbuster Inc. , the world’s largest movie-rental company, won court permission to pay film studios’ claims and take an amended $125 million loan to fund operations in bankruptcy.

Texas Rangers Said to Draw `Significantly Higher' Bids Than Present Offer

The Texas Rangers will draw a “significantly higher” opening bid at a bankruptcy auction than an existing offer for the baseball team, a person familiar with the matter said.

"We have a level playing field."

- Martin Sosland on Sep 22, 2011

New York

Texas Rangers

U.S. Bankruptcy Court

Nolan Ryan

Obama Vows to Shift Focus on Central America to Economy

Japan Seeks to Boost Financial Ties With Asean Amid China Row

Israel Strikes to Halt Weapons Flow to Hezbollah, Analyst Says

Payrolls in U.S. Rise 165,000 as Unemployment Rate Drops

Fusion Scientists See Progress as Obama Shows No Ardor