Yuma Talk
Where is Yuma AZ?
| Today | Thursday | Friday | Saturday | Sunday | Monday |
|---|---|---|---|---|---|
 Chance of Rain 72°/52° |  Clear 74°/49° | Clear 77°/50° | Clear 77°/52° |  Partly Cloudy 76°/50° | Partly Cloudy 72°/49° |
Judge Rejects Both Coyotes Bids, Read Full Statement
After months of back-and-forth disputes over who would ultimately obtain control of the Phoenix Coyotes franchise, Judge Redfield T. Baum has turned down both bids by the National Hockey League and Canadian billionaire Jim Balsillie.
“In hockey parlance, the court is passing the puck to the NHL, who can decide to take another shot at the sale net or it can pass off the puck,” Judge Baum wrote on Wednesday.
Judge Baum threw out the bid by Balsillie, saying it could not work because he could not properly satisfy the NHL’s rights regarding relocation. “In the final analysis, the court cannot find or conclude that the interests of the NHL can be adequately protected if the Coyotes are moved to Hamilton without first having a final decision regarding the claimed rights of the NHL and the claims of the debtors and (Balsillie),” he ruled.
“We are pleased that the Bankruptcy Court has confirmed the League’s rights to select its owners and the location of its franchises,” said NHL Deputy Commissioner Bill Daly. “We are reviewing the opinion and considering how we can best address the Court’s concerns regarding our offer to purchase the Coyotes. It remains our goal to secure the long-term stability of the Coyotes in Glendale.”
Read a report from TSN here: http://www.tsn.ca/nhl/story/?id=293208
Judge Baum’s complete statement: Baum Decision
Ag committee would protect major industry – Yuma Sun
|
Ag committee would protect major industry
Yuma Sun, AZ The result has been the relocation of agriculture operations to our state, increasing the important economic role that agriculture plays in Arizona's economy, and particularly here in Yuma County. Agriculture is the number one industry in the Yuma area … Legislator wants panel on ag rules |
Promote You!