Rangers Auction Imminent, But Permanent Debtor's Counsel Uncertain

, Texas Lawyer

The Dallas office of Weil, Gotshal & Manges will be the venue for the Aug. 4 auction of the Texas Rangers baseball team. Speculation has swirled in the financial and sports media about who will bid. But another question is how U.S. Bankruptcy Judge D. Michael Lynn of Fort Worth will rule on the Office of U.S. Trustee's objection to Weil, Gotshal's application to serve as debtor's counsel for the baseball team's owner, Texas Ranger Baseball Partners (TRBP), in TRBP's bankruptcy proceedings. The trustee's office alleges that "conflicts of interest" should bar Weil, Gotshal from permanently representing TRBP.

This content has been archived. It is available exclusively through our partner LexisNexis®.

To view this content, please continue to LexisAdvance®.

Continue to LexisAdvance®

Not a LexisAdvance® Subscriber? Subscribe Now

Why am I seeing this?

LexisNexis® is now the exclusive third party online distributor of the broad collection of current and archived versions of ALM's legal news publications. LexisNexis® customers will be able to access and use ALM's content by subscribing to the LexisNexis® services via LexisAdvance®. This includes content from the National Law Journal®, The American Lawyer®, Law Technology News®, The New York Law Journal® and Corporate Counsel®, as well as ALM's other newspapers, directories, legal treatises, published and unpublished court opinions, and other sources of legal information.

ALM's content plays a significant role in your work and research, and now through this alliance LexisNexis® will bring you access to an even more comprehensive collection of legal content.

For questions call 1-877-256-2472 or contact us at customercare@alm.com