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Started By
Message
Sterling loses bid to stop sale of Clippers
Posted on 7/29/14 at 10:44 am
Posted on 7/29/14 at 10:44 am
An interesting part of the ruling:
Can the judge basically override future appeals?
LINK
quote:
In the most significant parts of his ruling, Judge Michael Levanas of California Superior Court said that Rochelle Sterling had properly followed the directions of the family trust in removing Donald Sterling, her estranged husband, as co-trustee and that the sale of the team could be completed without waiting for what would be a lengthy appeal.
Can the judge basically override future appeals?
LINK
5
Posted on 7/29/14 at 10:47 am to Green Chili Tiger
No, they can't make the man sell his business because he made an idiotic comment either.
This country needs to get over itself and grow a pair.
This country needs to get over itself and grow a pair.
Posted on 7/29/14 at 10:50 am to bamarep
quote:
they can't make the man sell his business because he made an idiotic comment either.
Who is this "they" you speak of?
Posted on 7/29/14 at 10:52 am to bamarep
Well, it wasn't an independent business. He was part of the NBA and signed a contract with the NBA.
Posted on 7/29/14 at 10:52 am to Green Chili Tiger
The panty waste frickers that put the wheels in motion on this.
Posted on 7/29/14 at 10:55 am to bamarep
quote:
No, they can't make the man sell his business because he made an idiotic comment either.
no but the nba can say he creates a hostile work enviroment for the league and has therefore violated the contract that he signed with the league. Also the trust he set up says that if he becomes in capable of running it Shelly assumes control. 2 neurologist declared him mentally incompetient and Shelly sold the team for $2 BILLION!
quote:
This country needs to get over itself and grow a pair.
In most cases I agree and I think the lifetime ban should be rescinded since he is out of the league.
Posted on 7/29/14 at 10:56 am to bamarep
quote:
No, they can't make the man sell his business because he made an idiotic comment either.
This country needs to get over itself and grow a pair.
He signed off on his wife negotiating a sale, which she did.
He then decided to back out on that sale, but he couldn't, she was the decision maker. He tried to get that status back through the courts, which he lost.
She is the one with the power over the team right now, not him.
ETA: with sports leagues, like the NBA, NFL, MLB, etc. you do not have the same powers as with other businesses. You can't just buy or sell to whomever you want. It has to be approved by the league. So the other owners are the ones who are really calling the shots.
This post was edited on 7/29/14 at 10:57 am
Posted on 7/29/14 at 10:56 am to bamarep
quote:
The panty waste frickers that put the wheels in motion on this.
His wife?
Posted on 7/29/14 at 10:58 am to PrimeTime Money
quote:
Well, it wasn't an independent business. He was part of the NBA and signed a contract with the NBA.
Similar to the contract my family signed when we bought in our hunting club (although the Clippers and the NBA is a much larger scale). It states that if 3/4ths of the members believe you are harmful to the club or its image they can kick you out and sell your membership for you. Now you get to keeep the money so that is fair.
Posted on 7/29/14 at 11:05 am to Green Chili Tiger
The LEAGUE....you're not up much on this thinking thingy are you?
Posted on 7/29/14 at 11:07 am to bamarep
quote:
The LEAGUE.
That has a contract that Sterling signed in the 80's that gives them permission to terminate his ownership with a 3/4th vote.
It didn't come to that because Sterling is imcompetent and his wife sold the team.
Posted on 7/29/14 at 11:14 am to bamarep
quote:
The LEAGUE....you're not up much on this thinking thingy are you?
The league never voted to terminate Sterling's ownership...........you're not up much on these fact thingies are you?
Posted on 7/29/14 at 11:14 am to bamarep
quote:
No, they can't make the man sell his business because he made an idiotic comment either.
The issue is, and after long threads of back and forth was finally disclosed, that Sterling actually owns jack shite. Owners don't really own anything. They are franchisees and more Akin to operators than owners.
But this case has nothing to do with that, it has to do with how his trust was set up and what power he gave his wife.
Posted on 7/29/14 at 11:16 am to WeeWee
quote:
It didn't come to that because Sterling is imcompetent and his wife sold the team.
If he's so incompetent then why the shitstorm over what he said??
Posted on 7/29/14 at 11:34 am to fleaux
quote:
If he's so incompetent then why the shitstorm over what he said??
Time out guys.
The whole 'mentally incompetent' thing is a CA state law/procedural ruse which will enable Sterling to declare the sale a 'forced sale' (d/t mental incompetence) and thus avoid ridiculous state tax on the sale of the franchise.
So basically I think this sale has been in the works for some time. The 'mental' issue is essentially throwing a bone to Sterling to coax him out.
Posted on 7/29/14 at 11:40 am to Rantavious
quote:
The whole 'mentally incompetent' thing is a CA state law/procedural ruse which will enable Sterling to declare the sale a 'forced sale' (d/t mental incompetence) and thus avoid ridiculous state tax on the sale of the franchise.
So basically I think this sale has been in the works for some time. The 'mental' issue is essentially throwing a bone to Sterling to coax him out.
SShh. You're destroying the narrative of political correctness causing an innocent, hardworking business owner his business.
Posted on 7/29/14 at 12:12 pm to Green Chili Tiger
So where are all the dumb fricks up in here that were whacking off to the "fact" that their racist proxy-hero was going to jam a hard one into the libz? I thought this was a sure thing that Sterling was going to put this thing to bed or make life a living hell for all the PC pansies?
Posted on 7/29/14 at 12:59 pm to Green Chili Tiger
Buncha bigots caused him to lose his business. Especially them womenz against him. First woman turned on him and the second one sold him out.
Posted on 7/29/14 at 1:17 pm to PrimeTime Money
quote:
Well, it wasn't an independent business. He was part of the NBA and signed a contract with the NBA.
None of which was violated.
Eta: by Sterling.
This post was edited on 7/29/14 at 1:18 pm
Posted on 7/29/14 at 1:30 pm to the808bass
quote:
None of which was violated. Eta: by Sterling.
Sure it was. You cannot harm the NBA brand, which he did. And you cannot create a hostile work environment, which he did.
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