74 - Examining the Intersection of Bankruptcy Law and Sports Franchise Rules

As the Phoenix Coyotes recently emerged from bankruptcy ABI Executive Director Sam Gerdano discusses some of the unique aspects of the case with the Coyotes lead attorney Thomas J. Salerno of Squire, Sanders & Dempsey LLP. With Bankruptcy Judge Redfield Baum's approval of the Coyotes' sale to the NHL on Nov. 2, Salerno talks about some of the challenges presented by the case when bankruptcy law intersected with sports franchise rules.