Phoenix bankruptcy/ownership Part XVI: Barbarian at the Gate
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09-02-2009, 11:32 AM
Join Date: Sep 2004
Location: North of the Tank
Originally Posted by
The Invisible Poster
Is Glendale a debtor in this scenario?
As proposed by NHL, no. They want to negotiate new lease deal and keep team in Glendale.
(However, their "stick" is the threat to leave after one year, at which time Glendale could be ruled a debtor.)
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