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Sources: Glendale suit on hold

Updated: March 8, 2011, 12:18 PM ET
By Scott Burnside | ESPN.com

The City of Glendale remains poised to file suit against the Goldwater Institute over what it alleges is illegal interference in the attempted sale of municipal bonds critical to keeping the Phoenix Coyotes in Arizona.

However, discussions aimed at getting the bonds sold and a lease agreement finalized with Chicago businessman Matthew Hulsizer continued Monday, so the city held off on filing the suit, a source told ESPN.com Monday afternoon.

The City of Glendale believes the ...

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