Tuesday, March 29, 2011

NHL chiefs to be deposed on Reinsdorf bid, Gretzky fights Glendale request to see tax returns - Dallas Business Journal:

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U.S. Bankruptcy Court Judge Redfieldr T. Baum, however, shot down an efforft by Moyes’ legal team to deposes Reinsdorf. The Bettman and Daly depositions will occur laterthis month. Reinsdorf, Phoenix attorney and lobbyisy John Kaites and former Los Angeleds Angels and Montreal Expos President Tony Tavarex put forwarda $148 millio offer to refinance and rework the Coyoteas debt — a deal that call for keeping the team in Glendale. That rivals a $213 cash offer from Research in Motionh CEOJim Balsillie, who wants to move the team to Ontario.
Moyes’ attorneys had sought more information from Reinsdorf and the NHL regardingthe bid’s including how much cash, if any, is A federal bankruptcy official administering the Phoenix Coyotes Chapter 11 reorganizatio also wants more information regarding Reinsdorf’s bid. U.S. Truste e attorneys Ilene Lashinsky and Larry Watson are amongy those seeking more details on the Reinsdorf bid submittedlast month. U.S. Trusted is a federal entity that administers bankruptcy cases and sometimes puts forth its opinion inmaterialp matters.
There are also efforts by Moyedsand Balsillie’s attorneys to see what happened to the three other possible bids to keep the team in which the NHL had talked Baum also is considering a request by the city of Glendal to have Coyotes coach and part-ownetr Wayne Gretzky’s tax records and financese disclosed. Gretzky’s attorneys are fightin g that effort. The Coyotes coach makes $8 million according to bankruptcy court He would geta $22 millioh pay-out if the team moves to Canada and he stepsd down as part owner and

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