SUBSCRIBE TO TMCnet
TMCnet - World's Largest Communications and Technology Community

TMCNet:  Judge Approves $2 Billion Sale of Los Angeles Clippers; Allows Sale to be Completed Regardless of Appeal

[July 28, 2014]

Judge Approves $2 Billion Sale of Los Angeles Clippers; Allows Sale to be Completed Regardless of Appeal

LOS ANGELES --(Business Wire)--

Los Angeles Superior Court Judge Michael Levanas today cleared the way for the sale of the Los Angeles Clippers to former Microsoft (News - Alert) CEO Steve Ballmer. The ruling is a complete victory for Greenberg Glusker client Shelly Sterling.

Trial Attorney Pierce O'Donnell of Greenberg Glusker, legal counsel to Shelly Sterling. (Photo: Busi ...

Trial Attorney Pierce O'Donnell of Greenberg Glusker, legal counsel to Shelly Sterling. (Photo: Business Wire)

Greenberg Glusker's Managing Partner, Bob Baradaran, had high praise for the Firm's trial team, which includes litigators Pierce O'Donnell, Bert Fields, Stephen Smith, Aaron Moss, Matthew Falley, Caroline Heindel, James Molen, Daniel Stone, Steven Stein and Elizabeth Sbardellati, and trust and estate lawyers Laura Zwicker, Marc M. Stern and Stefanie Lipson.


"Our team delivered an extraordinary result in a very short period of time, in a complex case that raised novel issues," said Baradaran. "This ruling will enable our client to consummate the historic, $2 billion sale of the Clippers, which will benefit not only her, but the fans, players and entire Los Angeles sports community. Our hats go off to Pierce and to the entire team."

Judge Levanas rejected Donald Sterling's claim that his wife acted improperly in terminating him as co-trustee and entering into the sale, and ruled that the sale may be completed regardless of an appeal.

About Greenberg Glusker

For 55 years, Greenberg Glusker has held a unique position in Los Angeles as a full-service law firm. Greenberg Glusker maximizes client potential by providing legal counsel in matters involving entertainment, real estate, corporate, employment, environmental, intellectual property, litigation, taxation and trusts and estates. For more information, visit GreenbergGlusker.com.


[ Back To Technology News's Homepage ]

OTHER NEWS PROVIDERS







Technology Marketing Corporation

800 Connecticut Ave, 1st Floor East, Norwalk, CT 06854 USA
Ph: 800-243-6002, 203-852-6800
Fx: 203-866-3326

General comments: tmc@tmcnet.com.
Comments about this site: webmaster@tmcnet.com.

STAY CURRENT YOUR WAY

© 2014 Technology Marketing Corporation. All rights reserved.