Stadium Management Corp. filed for federal bankruptcy...
Stadium Management Corp. filed for federal bankruptcy protection, stalling the planned auction of Sullivan Stadium, home of the New England Patriots, the team’s attorney said.
The 61,000-seat stadium in Foxboro, Mass., was to be auctioned off Tuesday by the Connecticut Bank and Trust Co., which holds a $9 million second mortgage on the facility. The stadium auction was postponed to April 5.
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