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Suns' ownership dispute to be settled through mediation

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3 articles from 3 sources

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  • Suns' ownership dispute to be settled through mediation

    Phoenix Suns owner Mat Ishbia and two Suns minority owners are heading to a confidential binding mediation which could result in Ishbia buying out the minority owners' 13% stake of the team.

    Publisher:ESPN NBAArticle published:
    Primary

  • Phoenix Suns' Mat Ishbia, minority owners agree to mediation process in financial dispute

    Two minority owners of the Phoenix Suns and the team's controlling owner Mat Ishbia have agreed to participate in a confidential binding mediation process to resolve a lawsuit over the franchise's finances. The filing on Monday in a Delaware Chancery Court says the action will be dismissed with prejudice when the mediation is completed, which means the same claims can't be filed again. A new filing by the minority owners in November claimed that Ishbia was using the franchise as his “personal...

    Publisher:Yahoo Sports NBAArticle published:

  • Suns Owner Mat Ishbia Moving Toward Buyout Of Minority Stake

    A legal battle involving Suns owner Mat Ishbia may soon be heading toward resolution. According to ESPN’s Baxter Holmes, a new court filing indicates the dispute between Ishbia and minority owners Scott Seldin and Andy Kohlberg is expected to move to confidential binding mediation. If approved by a Delaware judge, the process could allow Ishbia […] The post Suns Owner Mat Ishbia Moving Toward Buyout Of Minority Stake appeared first on Hoops Wire .

    Publisher:HoopsWireArticle published:

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