Texas Rangers Dilemma 0
The bankrupt Baseball team Texas Rangers who was supposed to be sold to a cash rich investment group. The hearing of which in the Texas court was supposed to be held this week has been pushed by two more weeks and only then will the court decide on the team’s fate.
The rescheduled hearing will be held on July 9th-22nd because of the accounting of the fresh meditation-session between the team, major league Baseball and the creditors, which will be held on July 16th. This rescheduling will cross the deadline set by the Major League Baseball’s that is before July 31st. The mediation is held because of the creditor’s opposition to the sale of the team which is led by Greenberg whose president is Nolan Ryan. Greenberg is also the partner of the Pepper-Hamilton law firm and they represented the Pittsburgh Penguins hockey team in the year 99.
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