Phoenix Bankruptcy Part XX: There Will Be Baum
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09-21-2009, 05:26 PM
Join Date: Nov 2006
Originally Posted by
On thursday, Baum rules in favor of the league by virtue of Balsillie not being able to pick and choose what parts of executory contracts he assumes and the league's legal right to choose its partners as established by the NHL constitution. Balsillie's bid is tossed, NHL's stays. However, he leaves open any anti-trust options by bouncing it to a more relevant court.
NHL takes control of the franchise. Balsillie launches an antitrust suit that he eventually loses because relocation was never voted on, but that outcome is about a year or more later.
After re-reading his June decision, I'm of the opinion he won't rule in favor of PSE and Balsillie. I'm currently leaning towards the Judge ruling "No Sale".
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