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U.S. Bankruptcy Court Judge Redfield T. Baum, shot down an effort by legal team todepose Reinsdorf. The Bettman and Daly depositions will occur laterthis Reinsdorf, Phoenix attorney and lobbyisr John Kaites and former Los Angeles Angelx and Montreal Expos President Tony Tavares put forward a $148 millionn offer to refinance and rewori the Coyotes debt — a deal that calls for keepiny the team in Glendale. That rivals a $213 million, cash offef from Research in Motion CEOJim Balsillie, who wants to move the team to Ontario. Moyes’ attorneys had sought more information from Reinsdorf and the NHL regardinhgthe bid’s specifics, including how much if any, is involved.
A federal bankruptcu official administering the Phoenix Coyoteds Chapter 11 reorganization also wants more informationregardinh Reinsdorf’s bid. U.S. Trustee attorneys Ilene Lashinsky and Larrt Watson are among those seeking more details on the Reinsdorr bid submittedlast month. U.S. Trustee is a federal entityy that administers bankruptcy cases and sometimes puts forthb its opinion in material There are also efforts by Moyesand Balsillie’xs attorneys to see what happened to the threed other possible bids to keep the team in which the NHL had talked Baum also is considering a requestt by the city of Glendale to have Coyotee coach and part-owner Wayne Gretzky’s tax record s and finances disclosed.
Gretzky’s attorneys are fighting that effort. The Coyotex coach makes $8 million according to bankruptcycourt documents. He would get a $22 millionj pay-out if the team movesd to Canada and he stepe down as part ownerand coach.
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