Tag: JP Morgan
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Sinclair, J.P. Morgan Seek To Dismiss $1.5 Billion Bally Sports Lawsuit
Sinclair Broadcast Group and J.P. Morgan filed motions to dismiss the $1.5 billion lawsuit from bankrupt Diamond Sports Group, which manages the Bally Sports regional cable networks. In August, Diamond alleged that the decisions Sinclair made to pay back its creditors “milked” the company out of $1.5 billion in much-needed funds. Diamond also sued J.P.…