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RIM: Jim Balsillie and Mike Lazaridis to step down, COO Thorsten Heins to become CEO, says WSJ | The Verge

Blackberry Billionaire Bounced. For the Nashville Predators, the old adage applies here - "the best revenge is living well."

Balsillie's bid to buy, relocate Phoenix Coyotes blocked by judge

TSN reports that: In the 21-page document he [Judge Baum] said the court didn't believe there was enough time to resolve all the various issues before the sale of the insolvent team to Balsillie for US$212.5 million that was due to close June 29. If this is the critical point on which his judgment is based, it basically settles nothing relative to legal precedent around these types of maneuvers. More to follow as details develop!

Now Balsillie's made Bud Selig angry

As we await today's court ruling on whether Jerry Moyes' bankruptcy filing for the Phoenix Coyotes will stand, we have reports that the NFL, NBA, and Major League Baseball have filed statements with the court backing the NHL's position. Hardly surprising, but one wonders if there has been any legal consultation between the leagues as well to bolster the NHL's case.

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