Showing posts with label Appeal Denied. Show all posts
Showing posts with label Appeal Denied. Show all posts

Saturday, June 16, 2012

Mets R.A. Dickey's One Hitter Reviewed, Case Closed - Appeal Denied

Pitcher R.A. Dickey made it clear from the start that he wanted no part of it. If he was to get a no-hitter, he wanted it to be controversy-free. He wanted it to be clean.

Dickey, the knuckleball-throwing ace, got his wish Friday when Major League Baseball denied the Mets’ appeal on the ruling of the Rays’ B.J. Upton’s first-inning single in Wednesday’s game that turned out to be the only hit against Dickey. The club felt third baseman David Wright committed an error on the play when he tried to bare-hand the ball.

The decision was handed down by Joe Torre, the retired Yankees manager, who serves as MLB’s executive vice president of baseball operations.

Mets manager Terry Collins always felt the appeal was a long shot, saying “It (the decision) was expected. Once again, we took a shot.”

Dickey said he’s glad the episode is over and is happy with the ruling because the no-hitter would’ve been tainted.

“It was nice that the Mets wanted to do it,” said Dickey, who is 10-1 with a 2.20 ERA.

“It was never my idea in the first place. In truth, I’m fairly relieved that it ended up the way that it did. I didn’t want an asterisk by it. It would be bigger than the no-hitter itself.”

Wednesday, January 18, 2012

Good News for Freddy Wilpon, Judge denies appeal from Trustee in Mets Madoff Trial

A U.S. District Judge denied an appeal Tuesday from the trustee seeking to recover funds from Bernard Madoff's Ponzi scheme, limiting the potential liability of Mets owners at trial to no more than $386 million.

Judge Jed Rakoff stood firm on his September ruling, keeping trustee Irving Picard from recovering more than the $386 million in principal and fictitious profits that Mets owners Fred and Jeff Wilpon and Saul Katz made in the two years prior to Madoff's exposure as a fraud. Picard had been seeking $1 billion on the standard that as longtime investors, Wilpon and Katz should have known about Madoff's fraud.

Even after Tuesday's ruling, Picard will need to prove that Wilpon and Katz knew of Madoff's fraud before his conviction in order to collect more than $83.3 million in fictitious profits from the Mets owners.

The Mets have not officially commented on the ruling.

A trial date is set for March 19. Rakoff said he did not want to grant Picard's appeal, because it would delay that trial date and slow the case's resolution.

The Mets are currently working to close on the sale of multiple $20 million minority ownership stakes. Parent company Sterling Equities holds an outstanding $25 million loan from Major League Baseball and a $40 million bridge loan from Bank of America.
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