California Court of Appeal Denies Donald Sterling’s Bid to Reclaim Ownership of the Clippers
By Caroline Heindel, of Greenberg Glusker Fields Claman & Machtinger LLP
In a recent, published opinion, the California Court of Appeal upheld a Los Angeles Superior Court’s decision, directing Rochelle H. Sterling, as sole Trustee of the Sterling Family Trust, to sell the Los Angeles Clippers to former Microsoft CEO Steven Ballmer for an unprecedented $2 Billion. The deal with Mr. Ballmer was made in the wake of the public release of an audio recording of Mrs. Sterling’s husband Dona