« NewPage, Cerberus-Owned Papermaker, Files for Bankruptcy | Main | ANNUAL SUPREME COURT REVIEW »

September 12, 2011

New Jersey Devils Close To Bankruptcy, According To Report

"The New Jersey Devils have found themselves in financial hot water, according to a report in the New York Post. They're in default on a loan and could be declared bankrupt. Via the Post:

'The attendance-challenged, heavily indebted team missed its Sept. 1 loan payment, giving its lenders a breakaway chance to push the team into bankruptcy, a source with direct knowledge of the situation said.' "

Read more here.

September 12, 2011 in Current Affairs | Permalink

TrackBack

TrackBack URL for this entry:
http://www.typepad.com/services/trackback/6a00d8341bfae553ef0154355d868c970c

Listed below are links to weblogs that reference New Jersey Devils Close To Bankruptcy, According To Report:

Comments

Post a comment