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MLB protests Dodgers' bankruptcy plan

Updated: July 15, 2011, 12:27 AM ET
Associated Press

DOVER, Del. -- Major League Baseball renewed its objections to the Los Angeles Dodgers' proposed bankruptcy financing, telling a federal court the commissioner's office was offering $150 million in loans at far more favorable terms.

In a filing made Thursday and a sworn statement submitted by MLB executive vice president John McHale Jr., baseball said that unlike the financing offered by the Dodgers with the hedge fund Highbridge Capital, baseball would not require any liens on the Dodgers' ...

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