⚾️New Chapter 11 Bankruptcy Filing - Diamond Sports Group LLC⚾️
Company to shed $8b of debt in a "financial restructuring."
On March 14, 2023, Diamond Sports Group LLC, and 29 affiliated debtors (collectively, the "debtors") filed chapter 11 bankruptcy cases in the Southern District of Texas (Judge Lopez).
As of the time of this writing, only a petition is on the docket but the company did issue a press release which contained some major news: that the com…