June 27, 2011 -- Professor Lynn LoPucki is featured in a Los Angeles Times "L.A. Now" article on the Dodgers' bankruptcy and in an interview on KABC-TV.
Major League Baseball's veto authority over the Dodgers’ proposed contract with Fox Sports is probably an unenforceable condition, said Lynn M. LoPucki, a UCLA bankruptcy law professor.
“Most obligations that one can have are dischargeable in bankruptcy,” LoPucki said. “So if the bankruptcy court allows borrowing [by the Dodgers] in violation of the legal rights of MLB, then MLB has a claim for damages against the debtor’s estate.... What MLB needs is some theory that turns their veto into a property right which the bankruptcy judge can address.”
To read the entire Los Angeles Times posting, please click here.
For the KABC-TV interview, please click here.