February 15, 2008

Zyen, Zuffa Prevail on Separate Motions in Xyience Bankruptcy Proceeding

I have a piece up at Sherdog.com detailing the latest in Xyience's bankruptcy proceeding. The lead:

The Xyience bankruptcy proceedings continued Tuesday in U.S. bankruptcy court in Las Vegas. Judge Mike K. Nakagawa gave final approval to an additional $2.6 million loan from Zyen, a Fertitta controlled company, and a licensing agreement with Zuffa, parent company of the UFC.
FULL STORY: Zyen, Zuffa Prevail on Separate Motions in Xyience Bankruptcy Proceeding