Do You Really Want John Henry To Sell The Red Sox?

Dec 16 2022 by Over the Monster

 

Reminder: things could be worse — way, way worse.

On June 27, 2011, a Los Angeles-based entertainment company entered bankruptcy proceedings. The company, a venerable institution with a global brand known worldwide, had been rendered nearly insolvent after its husband-and-wife ownership duo (who had needed a loan to purchase the company in the first place) entered divorce proceedings. A messy, two-year legal battle ensued, involving allegations of infidelity, embezzlement, and tax...

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