Nolan Ryan Buys the Bankrupt Texas Rangers
Posted By Malaise Law Firm on Aug 2, 2010 11:10am PDT
This week, it was announced that Nolan Ryan bought the Texas Rangers out of bankruptcy court. Nolan Ryan and Chuck Greenburg made a $591 million bid to buy the Rangers, an organization been struggling with its finances, and the bid was approved by a bankruptcy judge. It is reported that the pair outbid Mark Cuban, owner of the Dallas Mavericks.
Ryan was the star of the Ranger sin the 1980s and was present at every court hearing. He told the court that quick and decisive action was much needed so the club could begin acquiring new players and retaining current talent.
Ryan said to news sources, "It was an emotional roller-coaster. You go to court one day and it didn´t go your way, but you go back another day and it would. It´s a relief."
If you are planning to file for bankruptcy in San Antonio, it is a wise idea to speak with a San Antonio bankruptcy attorney as soon as possible. Contact the Malaise Law Firm today.