"Based on the current inadequate record, the Braves and MLB have grave concerns that, if the Plan is confirmed, there is a substantial likelihood that the Debtors will find themselves once again in financial distress and/or bankruptcy court in the near future."
"Diamond waited until MLB's deadline to announce the Cardinals' deal, and MLB felt that they didn't have enough time to review. So the bankruptcy hearing will likely be postponed, which is exactly what Diamond wants to happen."
Collection
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