Peter Kaufman quoted in NY Times on Dodger Bankruptcy, “Dodgers Ordered to Bargain With MLB on a Loan”

A federal bankruptcy court judge on Friday rejected the Los Angeles Dodgers’ plan to borrow $150 million from a hedge fund and ordered them to negotiate “cooperatively” with Major League Baseball for a loan of the same amount on better terms. But the judge, Kevin Gross, said the loan could not lead to control of the team.

“It is clear that baseball needs and wants the Dodgers to succeed,” Gross wrote, echoing arguments made by Major League Baseball’s lawyers at an all-day hearing Wednesday. The judge sided in many ways with baseball, including its insistence that there was no malice toward the Dodgers.

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