Stark & Stark Shareholder Scott I. Unger, member of the Litigation and Shareholder & Partner Disputes Groups, authored the article “Former Los Angeles Clippers Owner’s Breach of Fiduciary Duty Claims,” which was published on September 16, by the American Bar Association.
The article discusses the recent civil suit that former Los Angeles Clippers owner, Donald Sterling, filed against the National Basketball Association (NBA) and its commissioner, Adam Silver. “The complaint seeks compensatory damages in excess of $1 billion along with injunctive relief.” Mr. Under explores the complaint in detail and discusses the legal issues involved.
After his analysis, Mr. Unger concludes, “The plaintiffs’ breach of fiduciary duty claim faces a number of legal hurdles. Convincing the court of the existence of a fiduciary relationship between the plaintiffs and the defendants and a breach thereof will likely require a high level of creativity. The plaintiffs’ counsel, frankly, faces an uphill battle.”
You can read the full article on the American Bar Association’s website by clicking here.