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SBD/March 23, 2012/Franchises
Steven Cohen Seen As "Clear-Cut Favorite" In Bidding For Dodgers' Ownership
Published March 23, 2012
DIVORCE COURT: BLOOMBERG BUSINESSWEEK’s Steven Church noted the Dodgers are “seeking dismissal of Jamie McCourt’s $131 million claim, saying owner Frank McCourt must pay his ex-wife.” Court records show that the McCourts signed a divorce settlement “requiring Frank to give Jamie $131 million by April 30 or sell team assets to make the payment.” The Dodgers in a filing on Thursday in U.S. Bankruptcy Court in Wilmington, Delaware, said that since the team “isn’t a party to the settlement, it cannot be forced to pay Jamie.” Jamie McCourt had “filed a so-called proof of claim in the bankruptcy case, demanding that the team pay her $131 million” (BLOOMBERG BUSINESSWEEK, 3/22).