Live updates from the courtroom Monday, July 28, as closing arguments begin in the case to determine whether Shelly Sterling has the right to sell the Los Angeles Clippers. Donald Sterling argues that she doesn’t.
Embattled Clippers owner Donald Sterling filed a civil lawsuit against the NBA and his wife Shelly on Tuesday, alleging fraud and asserting himself as the sole shareholder in the team he has owned since 1981.
Donald had already filed a federal lawsuit against the league in June seeking antitrust damages, and is currently embroiled in a probate trial with Shelly Sterling that could decide whether or not she had the right to sell the team for $2 billion.
Below is a full copy of the latest lawsuit:
Donald Sterling's civil lawsuit against the NBA and Shelly Sterling by thejackwang
Live updates from reporter Jack Wang at the unpredictable trial to determine whether Shelly Sterling has the legal right to sell the Los Angeles Clippers. Trial is scheduled to resume at 8:30 a.m., Monday, July 21. Follow here:
Seeking to push through the $2 billion sale of the Los Angeles Clippers, attorneys for Shelly Sterling filed papers in a downtown court Wednesday, asking a judge to sign off on Sterling’s right to sell the franchise.
Sterling’s attorney Pierce O’Donnell filed a petition early Wednesday asking a judge to confirm that his client is the sole trustee of the Sterling Trust. O’Donnell argues Shelly’s husband Donald Sterling is “mentally incapacitated” and doesn’t have the authority to fight the sale.
Appearing in court to oppose the petition was Donald Sterling’s attorney Bobby Samini, who called assertions his client is mentally incapacitated “ridiculous.”
Just after noon on Wednesday, a judge set a hearing for July 7. NBA commissioner Adam Silver said Sunday that the league will likely vote to approve the sale during a Board of Governors meeting scheduled for July 15. Continue reading “Sterling hearing to determine control of family trust set for July 7” »
Even as his franchise steps toward a new regime, Los Angeles Clippers owner Donald Sterling plans to sue the NBA for $1 billion in damages.
Attorney Maxwell Blecher confirmed that his client intends to file suit against the league, as first reported by NBC News. Sterling’s wife, Shelly, agreed Thursday to sell the franchise to former Microsoft CEO Steve Ballmer for $2 billion after reportedly having her husband declared mentally incapacitated. She in turn claimed full control of the Sterling Family Trust, which owns the Clippers.
The league has not yet approved the sale of the Clippers, and is proceeding with a June 3 hearing to oust Donald Sterling. Commissioner Adam Silver has maintained that the preferred outcome is a voluntary sale.
Sterling is seeking damages for the lifetime ban the NBA handed him last month and his termination charges.
Los Angeles Clippers co-owner Shelly Sterling has announced the franchise’s $2 billion sale to former Microsoft CEO Steve Ballmer.
The record-setting transaction was signed by Ballmer and Sterling Thursday evening, but both parties remained mum until releasing statements late that night.
Shelly Sterling said in the release that she was acting as the sole trustee of the Sterling Family Trust, which owns the Clippers. ESPN reported that experts had recently declared co-owner Donald Sterling to be “mentally incapacitated,” transferring power over the team to Shelly under the rules of the trust.
“I am delighted that we are selling the team to Steve, who will be a terrific owner,” Shelly Sterling said. “We have worked for 33 years to build the Clippers into a premiere NBA franchise. I am confident that Steve will take the team to new levels of success.” Continue reading “Shelly Sterling announces $2 billion sale of Clippers to Steve Ballmer” »