Being a Dodger fan who is watching this year's team fall into a black hole, I am beginning to think about next season. And, of course, with the McCourt case on trial, the next season is pretty much up in the air.
From the latest items over at Dodger Divorce ... it would appear that Frank McCourt is the owner of the Dodgers in regards to the team's relationship to Major League Baseball. However, the marital property rights agreement which addresses assets within the context of their marriage remains in question. It would appear the McCourt attorney who prepared it is claiming that Frank's claim is what was intended. However, Silverstein's mixing up the words exclusive and inclusive and then fixing it without explicitly informing both parties was made clear under Boies questioning.
Suffice to say that seems very fishy and at least poor legal/business practice.
I would suspect that having these facts come out in court is driving the parties to try to settle out of court.
I would guess Team Frank's lawyers fear that Judge Gordon will toss the MPA out because of lawyer incompetence in which case he would have to give up 50% of the team. While Team Jamie's lawyers would be telling her, you could get 50% or nothing if you let Judge Gordon decide or you can cut a deal for something in between 0 and 50%.
No comments:
Post a Comment