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Coyotes Bankruptcy Update

On September 30, 2009 By JETLaw

The Phoenix Coyotes bankruptcy case is still open. Five months after its owners filed a Chapter 11 bankruptcy petition, the auction of the National Hockey League team is still pending. Jim Balsillie, an executive of Research In Motion, is now offering 242.5 million dollars (up from his previous offer of 212.5 [...]

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