Jump to content
  • Current Donation Goals

    • Raised $390 of $700 target

no ruling


DrReality

Recommended Posts

Big surprise:

ajc.com > Sports > Hawks

OWNERSHIP FIGHT

No ruling on teams dispute

The Atlanta Journal-Constitution

Published on: 06/06/06

A ruling did not come Monday on estranged part-owner Steve Belkin's claim that he should be allowed to take over the Hawks and Thrashers.

A Maryland judge, at a hearing Friday, said he would issue a written ruling on the matter Monday. But Judge Eric Johnson was tied up in a trial and delayed his ruling until at least today.

Belkin

(ENLARGE)

In court Friday, Belkin's attorney, Jack Fabiano, argued that the team's other owners had "completely blown up" the timetables of their agreement to buy Belkin's stake, triggering his right to buy them out instead. An attorney for the other owners, Rob Remar, called Belkin's position "a tortured and unbelievable interpretation of the agreement" that would amount to "an unlawful forfeiture" of the teams.

Friday, the judge said "the remedy could fall short" of what Belkin is seeking. The judge also said that "when we get through all the

nuances of contract interpretation," the dispute comes down to money.

— Tim Tucker

Link to comment
Share on other sites

Of course it was delayed, there was no other option. This saga just gets stranger and stranger.

On a more serious note. It sounded like the judge was leaning towards rulling in favor of the Atl/Washington groups and not Darth Belkin, but with this delay who knows.

Link to comment
Share on other sites

Quote:


Big surprise:

ajc.com > Sports > Hawks

OWNERSHIP FIGHT

No ruling on teams dispute

The Atlanta Journal-Constitution

Published on: 06/06/06

A ruling did not come Monday on estranged part-owner Steve Belkin's claim that he should be allowed to take over the Hawks and Thrashers.

A Maryland judge, at a hearing Friday, said he would issue a written ruling on the matter Monday. But Judge Eric Johnson was tied up in a trial and delayed his ruling until at least today.

Belkin

(ENLARGE)

In court Friday, Belkin's attorney, Jack Fabiano, argued that the team's other owners had "completely blown up" the timetables of their agreement to buy Belkin's stake, triggering his right to buy them out instead. An attorney for the other owners, Rob Remar, called Belkin's position "a tortured and unbelievable interpretation of the agreement" that would amount to "an unlawful forfeiture" of the teams.

Friday, the judge said "the remedy could fall short" of what Belkin is seeking. The judge also said that "when we get through all the

nuances of contract interpretation," the dispute comes down to money.

— Tim Tucker


Delayed until 6/6/6. How UNSURPRISING.

Link to comment
Share on other sites

  • Moderators

Given that he was delayed by trial, the ruling might not even happen today. We'll see. I am optimistic from his comments last Friday that Belkin won't get control of the team and the ownership can't be dumb enough to put themselves in a position where he would in the future. He has already shown his cards in terms of trying to exploit the loopholes here.

Link to comment
Share on other sites

Quote:


I am optimistic from his comments last Friday that Belkin won't get control of the team and the ownership can't be dumb enough to put themselves in a position where he would in the future.


I agree with this. The judge sounded like a common sense guy, realizing that the bottom line is that they need to figure a way out to get a dollar figure, but that belkin won't get the team.

Link to comment
Share on other sites

Quote:


Quote:


Delayed until 6/6/6. How UNSURPRISING.


My first thought also.

Not a good sign.


I am pretty confident the judge will rule in favor of the non-Belkin contingent but this is the type foreshadowing that makes things a little unsettling.

Link to comment
Share on other sites

Please sign in to comment

You will be able to leave a comment after signing in



Sign In Now
  • Recently Browsing   0 members

    • No registered users viewing this page.
×
×
  • Create New...