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re: Report: Sterling tells lawyer "Deal is off"
Posted on 6/9/14 at 10:36 pm to TbirdSpur2010
Posted on 6/9/14 at 10:36 pm to TbirdSpur2010
#likeaboss
0
Posted on 6/9/14 at 10:40 pm to supatigah
My god, I want to slap the shite out of him for turning down 2 fricking billion dollars just to go after something that's worth way less.
I guess this is what dementia leads you to do.
I guess this is what dementia leads you to do.
Posted on 6/9/14 at 10:51 pm to Fearthehat0307
leCramp has to be happy, he can finally get some time to rest!
Posted on 6/9/14 at 10:54 pm to Enfuego
Y'all are just going to get your hearts broken again when he's back to cutting the deal sometime next week. 
Posted on 6/9/14 at 11:04 pm to Baloo
quote:
He doesn't own the team, the trust does. And the trust deemed him mentally unfit to conduct business. So he can't sue the NBA. OK, he can, you always can, but he has no standing. He has to sue the trust first to even be able to sue the NBA. Then, the trust has already indemnified the NBA from suit. So even if he wins, he's back to suing the trust again.
Yeah man I bet those lawyers he pays 3000 an hour haven't thought of this.
Posted on 6/9/14 at 11:08 pm to Walking the Earth
quote:
Y'all are just going to get your hearts broken again when he's back to cutting the deal sometime on Wednesday.
FIFY
Posted on 6/9/14 at 11:11 pm to reb13
Baloo is a lawyer
And the article says the same thing he just said
And the article says the same thing he just said
quote:
Shelly Sterling indemnified the NBA from damages in future lawsuits from her estranged husband as part of the sale agreement with the league. She negotiated the sale as the sole trustee of the Sterling family trust, which owns LA Clippers LLC, after two neurologists had declared Donald Sterling unable to conduct his own business and legal affairs. The provisions of the family trust did not require a court order. To challenge her authority to conduct the sale, Donald Sterling would have to challenge her in California probate court, according to sources with knowledge of the situation.
Posted on 6/9/14 at 11:13 pm to CptBengal
quote:
leCramp has to be happy, he can finally get some time to rest!
You win every thread with the same cut and paste posts.
Posted on 6/9/14 at 11:15 pm to reb13
quote:
Yeah man I bet those lawyers he pays 3000 an hour haven't thought of this.
I bet they're thinking about the hours more than any of this.
Posted on 6/9/14 at 11:16 pm to reb13
Listen to Baloo. He's right.
Posted on 6/9/14 at 11:29 pm to boosiebadazz
he's right, but he's going in the wrong direction
from what i've read, sterling is going to sue the NBA for a separate action...like libel
he's also reportedly going to sue the trust or appeal the ruling that removed him from power...whatever that procedure is
from what i've read, sterling is going to sue the NBA for a separate action...like libel
he's also reportedly going to sue the trust or appeal the ruling that removed him from power...whatever that procedure is
Posted on 6/9/14 at 11:33 pm to SlowFlowPro
2 separate neurologists have recorded their findings that he is mentally unfit
He can file but it isn't going anywhere. Balmer would not have had his name publicly attached unless it was a done deal. This is just DS grandstanding
This is probably for leverage in his divorce and nothing more
He can file but it isn't going anywhere. Balmer would not have had his name publicly attached unless it was a done deal. This is just DS grandstanding
This is probably for leverage in his divorce and nothing more
Posted on 6/9/14 at 11:49 pm to Enfuego
How many times has he changed his mind now?
Posted on 6/9/14 at 11:54 pm to supatigah
Nasty trust litigation coming up if DS really wants to challenge this. Husband v. Wife 
Posted on 6/10/14 at 8:21 am to supatigah
quote:
This is just DS grandstanding
Pride and dementia are quite a combination.
He's clearly off his rocker. Businessmen that have amassed the type of fortune that he has don't make a habit of flip flopping.
This post was edited on 6/10/14 at 8:22 am
Posted on 6/10/14 at 8:23 am to Enfuego
Oh people are still on this sterling thing?
I thought that was last month's big deal.
I thought that was last month's big deal.
Posted on 6/10/14 at 8:45 am to WG_Dawg
fricking lawyers just trying to milk him
Posted on 6/10/14 at 8:49 am to Ford Frenzy
at his level it is not about money, it is about legacy:
So he is threatening the League because he is mad they are forcing him to sell and still banning him for life.
quote:
Sterling recently saw a draft of a statement from the league which he thought absolved him of the penalties, but a person familiar with the NBA's position said the statement, which was not released to the public, offered no such relief.
"In terms of saying something in a draft press release that indicated they would be dismissing the lifetime ban and the fine, that is not true at all," said the person, who spoke anonymously because he was not authorized to speak publicly about the matter. "That doesn't mean that [Sterling] wouldn't have read something like that into it.
"But if they interpreted it that way that is wrong and there is no thought of lifting the lifetime ban or the fine being rescinded."
So he is threatening the League because he is mad they are forcing him to sell and still banning him for life.
Posted on 6/10/14 at 9:04 am to supatigah
Sterling pulling the "deal" is on the NBA this time. He was ready and willing to sell the team with one stipulation...lift the lifetime ban he recieved from the NBA. I think that was pretty reasonable offer. All he wants is the oppurtunity to sit in a suite and be able to watch an NBA game in the future and the NBA said no. That is a dumb move by the NBA!! They got what they wanted...for him to sell the team. Let the man live out his dementia years in peace. The NBA is being the judge, jury and executioner waaaaaay overboard in this matter. They are now going to have to fight this in court and for this circus to be drug out. Talk about forgive and forget. The NBA is displaying equally offensive hatred by their actions. Just lift the lifetime ban and he goes away.
This post was edited on 6/10/14 at 9:06 am
Posted on 6/10/14 at 9:05 am to Enfuego
quote:
Enfuego
Sup brah?
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