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August 04, 2010

Rangers bankruptcy auction gets under way in Fort Worth

Here are the morning's first reports from the Rangers auction:

Hearing starts things off: At 8:30 a.m., everyone made a beeline to Federal Judge Michael Lynn's courtroom for a closed hearing. The men in suits included Mark Cuban, and the room was standing-room only. What was this about? We'll know soon. -- Pete Alfano

Ryan supporters in the house: Ryan's wife, Ruth, and his old friend from Houston, Don Sanders -- a former minority owner of the Houston Astros -- are at the courthouse with him today. -- Anthony Andro

Which way is the federal courthouse?: Just look for the television cameras outside the main entrance. TV reporters searched the people entering looking for a familiar face. They should put names on the back of the lawyers' suit jackets or give them numbers. Wait. We know Mark Cuban even in a suit. The Mavericks owner and prospective bidder walked quietly through security and joined the hordes taking the stairs to the courtroom where the auction was to be conducted. Reporters milling outside the room were told to go inside at one point because prisoners in handcuffs and orange jump suits were being escorted down the hall. -- Pete Alfano

Follow the day's events here and on Twitter, where Rangers beat writer Anthony Andro is providing updates from the courthouse.


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