Judge looks at fee in bankruptcy case
PHOENIX -- A relocation fee imposed by the NHL could ruin Canadian billionaire Jim Balsillie's bid to buy the bankrupt Phoenix Coyotes and move them to Hamilton, Ontario.
The potential fee was a consistent topic during a 6½-hour hearing on the team's fate in U.S. Bankruptcy Court on Tuesday.
Judge Redfield T. Baum said his reading of case law shows the NHL owns the right to the Hamilton region and would be entitled to a fee if a team is located there.
NHL attorneys told Baum ...
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