'"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."'
Note: While we are busy tweaking the front page design to make it more appealing and functional (especially for our mobile readers), you may notice odd layout errors. Please hit "control-F5" to refresh the page and load the latest files. Thank you!