Everything the Texas Rangers Want You To Know About The Team's Bankruptcy In One Spot

Categories: Biz, Sports
arodrange.jpg
When you're owed $25 million by a bankrupt ballclub, you get to sit at the head of the creditors' committee table.
I'm sitting here doing what I do every Saturday -- catching up on my Texas Rangers bankruptcy docs -- when I notice this buried in a hearing order filed by the court at week's end: "Copies of the Prepackaged Plan and Disclosure Statement, as well as any other document that has been filed in the Chapter 11 Case ... are available on the website maintained by the Debtor's claims and noticing agent (www.trbpinfo.com)."

Which means those who want to follow along at home need only check with the Texas Rangers Baseball Partners Information Site, a compendium of almost everything filed with the court -- including the notice that Alex Rodriguez, to whom the Rangers owe close to $25 million, has been appointed by the U.S. Trustee to the Official Unsecured Creditors' Committee. He's got a local attorney to handle the heavy lifting: Joseph Wielebinski.

The site -- which appears to be missing some of the creditors' filings -- does contain the highlights for those just skimming and almost every last shred of legal whatsit for those riveted by the ongoing legal drama set to recommence in Fort Worth bankruptcy court on June 15. It was created by Cedar Springs-based consulting firm (and, in this case, the Chapter 11 administrator and claims agent) Alix Partners for those who have a claim against the Rangers.

Advertisement

My Voice Nation Help
0 comments

Now Trending

Dallas Concert Tickets

From the Vault

 

General

Loading...