Originally written on The Biz of Baseball  |  Last updated 11/14/14

LOS ANGELES, CA - AUGUST 30: Frank McCourt leaves Los Angeles County Superior Court after day one of a non-jury divorce trial on August 30, 2010 in Los Angeles, California. The trial, being presided over by Judge Scott M. Gordon in California Superior Court, is to decide whether Frank McCourt is the sole owner of the Los Angeles Dodgers baseball team or his estranged wife and former Dodger CEO Jamie McCourt still has ownership stake in the team. (Photo by Kevork Djansezian/Getty Images)
In a sign that the sale of the Dodgers is progressing, the club announced today their debtors that they expect to emerge from their chapter 11 bankruptcy reorganization cases at the end of the month, as has been the plan by the Dodgers and MLB since Frank McCourt and the league agreed to the process of the sale. The reorganization would comes as part of the confirmation hearing which is scheduled for April 13th in the United States Bankruptcy Court, District of Delaware. In filings today with the court, the Dodgers presented several documents including an Amended Plan of Reorganization, a Plan Supplement to the Amended Plan of Reorganization, a Proposed Confirmation Order, and a Memorandum in Support of Confirmation of the Amended Plan. The Dodgers said in a statement, “The amended Plan of Reorganization, among other things, provides for the payment of all allowed claims of creditors in full, includes a substantial distribution for debtors’ equity interest holder, and provides a...
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