Tribune puts Cubs in Chapter 11 to prepare for sale

by Administrator 14. October 2009 04:03

The Chicago Cubs were put into Chapter 11 bankruptcy Monday. The Major League Baseball franchise has been up for sale by the Tribune Co. for more than 2 years. 

The bankruptcy filing will help the club relieve its debt obligations to make them more attractive to a new buyer. The bankruptcy court must approve the sale of them. 

If your company is considering filing for bankruptcy to relieve its debt obligations, contact the Austin bankruptcy lawyers of Slater Kennon LLP, at 512-338-1100.

Be the first to rate this post

  • Currently 0/5 Stars.
  • 1
  • 2
  • 3
  • 4
  • 5

Tags:

Austin bankruptcy lawyer | Austin Chapter 11 Lawyer | Austin commercial bankruptcy attorney

E-mail | digg it | del.icio.us
Permalink | Comments (0) | Post RSSRSS comment feed

Powered by BlogEngine.NET 1.4.5.0


Home  |  Attorneys  |  Articles  |  Practice Areas  |  FAQs  |  Blog  |  Contact Us  |  Disclaimer  |  Resources  |  Link Exchange

Copyright© 2005-2012 by Slater Kennon & Jameson, LLP. All rights reserved.
Search Engine Optimization provided by the Search Engine Optimization firm The Search Engine Guys.