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View Full Version : Cubs consider filing for Chapter 11 protection


Detritus
07-13-2009, 07:20 PM
http://sports.espn.go.com/mlb/news/story?id=4324073

For technical reasons, as I understand it. Since their parent company is already under Ch. 11 protection but the Cubs are relatively healthy, financially speaking, this would be to protect assets under the baseball franchise from being used to settle the Tribune Corporation's bankruptcy issues. I think...

carmachu
07-13-2009, 11:22 PM
Good plan I think.