Sunday, December 18, 2011

Fox Sports seeks halt to Dodgers media rights sale (AP)

DOVER, Del. ? Attorneys for Fox Sports are appealing a Delaware bankruptcy judge's order approving a process for the Los Angeles Dodgers to sell media rights to future games.

Fox Sports is asking a federal district court judge in Delaware to immediately halt the implementation of the bankruptcy judge's order while he considers Fox's appeal. The district judge has scheduled a teleconference with attorneys Friday to discuss the appeal.

The Dodgers' plan calls for initial bids by Jan. 13 and completion of the sale by April 30.

Fox says the sale process violates its exclusive rights under an existing contract with the Dodgers.

But the Dodgers say a media rights sale now in conjunction with selling the team itself is the best way to maximize value for creditors and emerge from bankruptcy.

Source: http://us.rd.yahoo.com/dailynews/rss/sports/*http%3A//news.yahoo.com/s/ap/20111215/ap_on_sp_ba_ne/bbn_dodgers_bankruptcy

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