Judge Orders Mediation for NHL, Coyotes

By: AP Email
By: AP Email

PHOENIX (AP) - A bankruptcy judge has ordered the NHL and Phoenix Coyotes owner Jerry Moyes to mediation in an attempt to resolve their fight over who is in control of a franchise that both sides agree is insolvent.

Judge Redfield Baum made the ruling after hearing arguments from
attorneys on both sides in U.S. bankruptcy court Tuesday over the NHL's contention that Moyes had no authority to file Chapter 11 bankruptcy earlier this month.

The league and Moyes are to report their progress at a status hearing May 27. Meanwhile, Baum said to relocate the team anywhere must be decided before the franchise is sold.

Moyes' plan would sell the team to Canadian businessman Jim Balsillie for $212.5 million contingent on moving the club to southern Ontario.


Comments are posted from viewers like you and do not always reflect the views of this station.
powered by Disqus
KOLO-TV 4850 Ampere Drive Reno, NV 89502
Copyright © 2002-2014 - Designed by Gray Digital Media - Powered by Clickability 45441572 - kolotv.com/a?a=45441572
Gray Television, Inc.