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Attorney: Donald Sterling says no to Clippers deal, suit is on
AP ^
| June 9, 2014
Posted on 06/09/2014 7:15:02 PM PDT by ConservativeStatement
Los Angeles Clippers owner Donald Sterling has pulled his support from a deal to sell the team to former Microsoft CEO Steve Ballmer and will pursue his $1 billion federal lawsuit against the NBA, his attorney said Monday.
"We have been instructed to prosecute the lawsuit," said attorney Maxwell Blecher. He said co-owner Donald Sterling would not be signing off on the deal to sell.
(Excerpt) Read more at msn.foxsports.com ...
TOPICS: Business/Economy; Constitution/Conservatism; Crime/Corruption; Culture/Society; Extended News; Front Page News; Philosophy; Politics/Elections; US: California; US: Washington
KEYWORDS: basketball; clippers; lawsuit; nba; sterling
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Stock in popcorn has risen.
To: ConservativeStatement
Donald Stirling and Barack Obama have in common the consistency of their behavior. What a team.
To: ConservativeStatement
Well at least tabloid TV now has it’s summer entertainment lineup.
3
posted on
06/09/2014 7:21:07 PM PDT
by
ElkGroveDan
(My tagline is in the shop.)
To: ConservativeStatement
Turning down a $2BILLION offer for a team worth $500 Million for the chance for a $1Billion lawsuit that has a 1% chance of winning shows this guy has caught some serious bugs from his squeeze.
Take the money and run. Go on, take the money and run.
4
posted on
06/09/2014 7:21:41 PM PDT
by
FatherofFive
(Islam is evil and must be eradicated)
To: ConservativeStatement
My cousins law firm helped broker the deal, he isn’t going to be too happy about this..pass the popcorn :-)
To: ConservativeStatement
It’s a negotiating ploy. Ballmer was going to pay a lot for Yahoo, but they kept moving the price. Maybe Sterling will only move the goal once. I can’t believe the prospect of a multi-year lawsuit is all that exciting to a man in his 80’s reputed to be in failing health due to cancer.
To: ConservativeStatement
excellent. The NBA and their media cheerleaders bullied a sick old man. This will be fun to watch.
7
posted on
06/09/2014 7:22:40 PM PDT
by
clintonh8r
(Can Juan Williams possibly be that stupid?)
To: ConservativeStatement
8
posted on
06/09/2014 7:23:14 PM PDT
by
SomeCallMeTim
( The best minds are not in government. If any were, business would hire them!)
To: Sarah Barracuda
Doesn’t he have to demonstrate a forced sale for tax avoidance purposes? It could be as simple as that.
9
posted on
06/09/2014 7:23:50 PM PDT
by
NonValueAdded
(Sgt. Andrew Tahmooressi or Atty General Holder, who brought more guns to Mexico?)
To: ConservativeStatement
I think I’ll wait and see on this one.
This may just be a move by Sterling’s lawyer to encourage the NBA not to try to block the sale.
I would imagine that Sterling probably has a smart lawyer working on this.
10
posted on
06/09/2014 7:24:12 PM PDT
by
Cicero
(Marcus Tullius)
To: FatherofFive
What’s he going to do with another 2 billion at this point in his life. This may be his last chance to have some fun.
11
posted on
06/09/2014 7:24:41 PM PDT
by
PAR35
To: ConservativeStatement
12
posted on
06/09/2014 7:25:06 PM PDT
by
AU72
To: FatherofFive
Turning down a $2BILLION offer for a team worth $500 Million for the chance for a $1Billion lawsuit that has a 1% chance of winning shows this guy has caught some serious bugs from his squeeze. Or he's just batshit crazy from dementia/alzheimers.
A smart person would take the money and run, laughing all the way to the bank.
13
posted on
06/09/2014 7:25:39 PM PDT
by
usconservative
(When The Ballot Box No Longer Counts, The Ammunition Box Does. (What's In Your Ammo Box?))
To: AU72
To: NonValueAdded
Not sure how it works..first he said he was OK with the deal but now changed his mind, things are about to get very interesting
To: ConservativeStatement
Orville Redenbacher, please, cooked in organic coconut oil and lightly salted with Celtic Sea Salt!
16
posted on
06/09/2014 7:31:47 PM PDT
by
Jack Hydrazine
(Pubbies = national collectivists; Dems = international collectivists; We need a second party!)
To: ConservativeStatement
17
posted on
06/09/2014 7:32:20 PM PDT
by
DManA
To: ConservativeStatement
18
posted on
06/09/2014 7:32:42 PM PDT
by
spel_grammer_an_punct_polise
(Why does every political hack think that he knows how to run my life better than I do?)
To: usconservative
19
posted on
06/09/2014 7:33:49 PM PDT
by
Jack Hydrazine
(Pubbies = national collectivists; Dems = international collectivists; We need a second party!)
To: DManA
20
posted on
06/09/2014 7:35:26 PM PDT
by
Jack Hydrazine
(Pubbies = national collectivists; Dems = international collectivists; We need a second party!)
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