Bankruptcy Battle Between NHL, Moyes Rages On

Posted on March 10th, 2010 No Comments

Another in a series of lawsuits has been filed by the National Hockey League against former Coyotes owner Jerry Moyes.

 

The NHL filed a breach of contract lawsuit against Moyes in New York City District Court Friday. The newest lawsuit claims Moyes violated a 2006 contract stating he would not explore any sale that would move the Coyotes out of Phoenix.

 

The NHL has been locked in litigation against Moyes since he put the team in bankruptcy last year and attempted to sell the franchise to Canadian businessman Jim Balsillie. The legal battle sparked by the bankruptcy filing was thought to be over in November when Balsillie was rejected as an owner and the league gained control of the team.

 

Moyes lawyer says the most recent lawsuit has "no basis in law."

 

If you are considering filing for bankruptcy, it is important to understand all the legal options that are available to you. To speak with an experienced Galveston bankruptcy lawyer of Gipson, Norman & Root, please call 409-765-6000.

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Jeffrey P. Norman (retired) is Board Certified-Consumer Bankruptcy Law by the Texas Board of Legal Specialization and is Board Certified-Consumer Bankruptcy Law by the American Board of Certification. Ronald M. Gipson(1943-2008) is Board Certified-Consumer Bankruptcy Law by the Texas Board of Legal Specialization.
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