Jul 7, 2011, 9:33 AM EDT
I missed this in all of the McCourt crap last week — I really do only have so much brain space for legal/financial baseball news — but the case against the Wilpons and Saul Katz was moved from bankruptcy court into regular old court court, which was what Wilpon and Katz had wanted.
And better yet, the judge handling it all, The Hon. Jed Rakoff, said a number of things from the bench suggesting — and it’s only suggesting — that he may view the Wilpons’ duty to inquire into whether Bernie Madoff was running a Ponzi scheme to be far less encompassing than the bankruptcy trustee, Irving Picard, has suggested.
Today there is a profile on the new judge in the New York Times — a maverick of sorts — that may hold even more good news for the Mets:
“I can’t guarantee this, of course, but my tendency is to try to get quick decisions,” he said during a hearing last week in which he evinced, at least for the purposes of the legal argument before him, a fair amount of sympathy toward the team’s owners, Fred Wilpon and Saul Katz … He suggested that in accusing the owners of being “willfully blind” to the possibility that Madoff was a fraud during their many years of investing with him, the trustee might be holding them to an unfair standard.
Quick and favorable? Boy howdy, would that change things for the Mets, wouldn’t it?
- Astros “making a strong effort” for Phillies ace Cole Hamels 22
- Angels acquire outfielders David Murphy and David DeJesus 22
- Jenrry Mejia gets 162-game ban for second failed PED test 40
- Nationals, Phillies agree to Jonathan Papelbon trade 63
- The Hall of Fame just made a MAJOR change to the Hall of Fame voting process 75
- Royals make another big move, get Ben Zobrist from A’s 91
- And That Happened: Monday’s scores and highlights 49
- The Troy Tulowitzki trade might be the strangest deadline deal ever 40
- The MLBPA is considering withholding cooperation with ESPN, Fox over Colin Cowherd’s comments (157)
- The Cubs are in discussions with the Phillies on Cole Hamels (146)
- Colin Cowherd wonders how baseball can be considered “complicated” if Dominicans can understand it (129)
- Major League Baseball rips Colin Cowherd in an official statement (123)
- Settling the Scores: Wednesday’s results (106)