- 11 U.S.C.
In re Dewey Ranch Hockey LLC
Jun
15
2009
Ruling
Motion for assumption and assignment of debtor's executory contract with hockey league denied due to provision requiring league consent.
Procedural posture
Bankruptcy debtors, entities related to a professional hockey franchise, moved for authority to sell substantially all of the assets of the franchise free and clear of liens and encumbrances. The debtors also moved for approval of an asset purchase agreement which included a provision for relocation of the franchise without the consent of the league of which the franchise was a member.
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Court
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