'"Chapter 11 is necessary so that the buyer can get a court order giving them good title to the Sabres," said William Savino, chairman of the Damon & Morey law firm's Business Litigation and Insolvency Department. "The concern is not over the bankruptcy, that had to be filed, and is now filed. You want a creative deal that can be structured so that it is affordable for the government entities, yet good enough for the buyers so they can absorb the continuing operating loses that they will suffer."'
Hamister's resolve unshaken despite Sabres' troubles
January 20, 2003 Submitted by