MLB, Braves file objection to Diamond Sports' reorg plan - ESPN
Major League Baseball and the Atlanta Braves formally filed an objection to Diamond Sports Group's reorganization plan on Friday, citing, among other things, a lack of information to corroborate the viability of the company's projections. In a motion filed in Houston bankruptcy court, MLB and the Braves wrote they possess «grave concerns that, if the plan is confirmed, there is a substantial likelihood that the debtors will find themselves once again in financial distress and/or bankruptcy court in the near future.»
