Arent Fox partner Aram Ordubegian was interviewed by Yahoo! Sports to discuss the bankruptcy filing by the Los Angeles Dodgers, one of baseball’s most storied franchises.

Aram, a partner in Arent Fox’s Bankruptcy Practice in Los Angeles, told Yahoo! Sports, “What the Dodgers are trying to do is what distressed businesses all over the country are entitled to do. That is, to create a breathing space for a period of time for an opportunity to restructure their business so creditors get paid.”

“Broadly speaking, a debtor in a bankruptcy case is supposed to be able to operate as business as usual,” said Aram. “There shouldn’t be any disruption for the fans or people who work in business operations. … The product is going to be exactly what it was before the bankruptcy filing."

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About Arent Fox’s Sports Practice
Arent Fox’s Sports Practice is one of the most experienced in the United States. Our attorneys have extensive knowledge in sports sales and acquisitions, stadium/arena developments, sports naming/sponsorship rights, and media rights. We regularly advise clients on labor and employment contracts for players, coaches and sports team executives. Our team is active in almost all of the major professional sports and our attorneys have served as counsel to various professional teams, including the Washington Wizards, the Los Angeles Lakers, the New Jersey Nets, the Atlanta Spirit, the Charlotte Bobcats, the New York Jets, the Tampa Bay Rays, the Washington Capitals, and the DC United. We also have represented numerous purchasers and sellers of professional teams and events. In addition, we have advised clients on both sides of major naming rights transactions, including transactions with respect to the Barclays Center, Time Warner Cable Arena, AT&T Park, and PPL Park.

About Arent Fox’s Bankruptcy Practice
Arent Fox has an active and versatile national bankruptcy and financial restructuring practice. Our resources and experience enable Arent Fox to be a leading presence and force in the bankruptcy world and restructuring business and to bring added value to the representation of our clients. Our attorneys handle financial restructurings, recapitalizations, and bankruptcy-related and strategic litigation as well as distressed asset and corporate acquisitions throughout the country. Arent Fox represents creditors’ committees, indenture trustees, bondholders, secured creditors, lenders and financing syndicates and providers of financing in bankruptcy proceedings in such industries as health care, airline, life sciences, manufacturing, retail, telecommunications, sub-prime lending, e-commerce and Internet, energy, restaurant, hotel and hospitality, pharmaceuticals, construction, and real estate.

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