Jeanie Buss moves to block Lakers stake sale amid family trust feud
TL;DR Summary
Jeanie Buss filed in LA Superior Court to block her siblings from selling the Lakers’ remaining stake (about 17.8%) and to remove the co-trustees for breach of fiduciary duty, arguing they acted without her knowledge and in violation of a 2017 order that named her Controlling Owner. The petition seeks contempt and damages, notes the sale would undermine her control and the Lakers’ value, and sets a Nov. 5 hearing as the family feud over ownership continues amid broader sale talks with Iger/Kushner.
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