Tag

Ownership Dispute

All articles tagged with #ownership dispute

gaming3 days ago•6 min saved

Launch Shadow Over Star Wars Zero Company as Most Staff Are Furloughed Amid Ownership Battle

Bit Reactor furloughed roughly 80% of Star Wars: Zero Company staff weeks before launch due to funding issues, leaving a skeleton crew to patch bugs as a legal ownership dispute between co-founders Alison Kelly and Greg Foertsch unfolds. Kelly seeks damages and control, Foertsch disputes her ownership claims, but the game has still been well received and remains on track for release with hopes to bring furloughed staff back after the launch.

via Eurogamer.net|

#alison-kelly #bit-reactor #furloughs

business8 days ago•17 min saved

Jeanie Buss Seeks Court Halt on Family Lakers Sale

Jeanie Buss has filed a petition in Los Angeles Superior Court to block the sale of the Buss family’s remaining 17.8% Lakers stake by siblings Joey and Janie Buss, seeks removal of them as co-trustees, and accuses them of defying fiduciary duties and a 2017 order; a hearing is set for November 15 as Iger and Kushner move forward with their Lakers purchase.

via Deadline|

#business #buss-family #court-filing

business2 months ago•4 min saved

Nectarine Free-for-All: California Farmer Clears 182,000 Pounds Amid Legal Battle

An embattled California Central Valley farmer gave away more than 125,000 pounds of nectarines to prevent waste after a dispute with Giumarra over ownership, sparking a community-led effort that drew more than 6,000 visitors and distributed about 182,000 pounds of fruit. The giveaway was temporarily halted for safety; Mora says he grew the crop himself and is suing Giumarra for fraud while pursuing his own breach-of-contract claims, with a trial set for July 20. Giumarra has issued a cease-and-desist; a GoFundMe supported Mora's legal fund.

via New York Post|

#business #california #farming

us2 months ago•49 min saved

Massive nectarine giveaway halted in California amid ownership fight

In Reedley, California, farmer Cesar Mora planned to give away 125,000 pounds of nectarines after a legal dispute over who owns the crop with agriculture giant Giumarra. Thousands lined up, prompting a temporary shutdown by the California Highway Patrol for safety concerns. Mora says he’s grown the fruit and is suing Giumarra over ownership, having faced cease-and-desist and rights-related letters as part of a lawsuit dating back to 2023.

via Yahoo|

#cesar-mora #free-giveaway #giumarra

healthcare8 months ago•3 min saved

Nebraska Medicine and NU Governance: Ongoing Tensions and Political Developments

The Nebraska Medicine board has launched an informational website to oppose the University of Nebraska's plan to buy out its 50% stake, amid a broader dispute over governance and control, with the NU Board of Regents considering an $800 million purchase that could centralize ownership and impact healthcare delivery in Nebraska.

via Nebraska Examiner|

#healthcare #healthcare-governance #nebraska-medicine

business1 year ago•0 min saved

Murdoch Family Resolves Succession Dispute, Lachlan Maintains Control

Rupert Murdoch and his son Lachlan have reached a deal with Murdoch's other children to resolve a legal dispute over the future control of the family media empire after Murdoch's death.

via The Washington Post|

#business #lachlan-murdoch #media-empire

sports2 years ago•5 min saved

Timberwolves' Future Hinges on Stability Amid Ownership and Trade Speculations

Despite an ongoing ownership dispute, the Minnesota Timberwolves are expected to maintain a similar roster next season. Coach Chris Finch and team executives have noted that the ownership issues have not significantly impacted the team's performance or support. All parties, including current owner Glen Taylor and prospective buyers Alex Rodriguez and Marc Lore, are committed to investing in the team to keep it competitive, even if it means incurring significant luxury tax penalties. The team aims to build on its recent playoff success and pursue a championship.

via Star Tribune|

#chris-finch #luxury-tax #nba-playoffs

sports2 years ago•2 min saved

Timberwolves Face Ownership Dispute, Trade Rumors, and Costly Offseason Decisions

Following their playoff exit, the Minnesota Timberwolves face uncertainty regarding their ability to retain key players like Karl-Anthony Towns due to financial constraints and an unsettled ownership situation. Towns expressed his desire to stay, while Anthony Edwards remains optimistic about the team's future. Meanwhile, a three-person arbitration panel will address the ownership dispute between Glen Taylor and prospective owners Marc Lore and Alex Rodriguez. President of basketball operations Tim Connelly must decide on his future amid these uncertainties.

via hoopsrumors.com|

#anthony-edwards #karl-anthony-towns #ownership-dispute

sports2 years ago•14 min saved

Karl-Anthony Towns Confident in Timberwolves Future Amid Trade Rumors

The Minnesota Timberwolves face a challenging offseason with key issues including an ownership dispute between Glen Taylor and Marc Lore/Alex Rodriguez, the potential departure of President of Basketball Operations Tim Connelly, and a looming luxury tax bill. Despite a successful season marked by a deep playoff run and the emergence of Anthony Edwards as a star, the team must navigate these uncertainties to build on their progress.

via The New York Times|

#anthony-edwards #minnesota-timberwolves #nba

sports2 years ago•5 min saved

A-Rod's Courtside Drama: Timberwolves' Playoff Stakes and Financial Woes

The Minnesota Timberwolves face a critical juncture as ownership disputes and financial concerns threaten to dismantle their contending team. Billionaire entrepreneurs Marc Lore and Alex Rodriguez's delayed final payment for their majority stake has led to tensions with current owner Glen Taylor, who fears cost-cutting measures. With significant payroll commitments and potential luxury tax penalties looming, the future of key players like Anthony Edwards, Karl-Anthony Towns, and Rudy Gobert hangs in the balance. The team's ability to maintain its competitive edge is uncertain as financial and performance pressures mount.

via Yahoo Sports|

#luxury-tax #minnesota-timberwolves #nba

sports2 years ago•8 min saved

"Timberwolves Ownership Dispute Threatens Successful Season, Payroll Cuts Planned"

The Minnesota Timberwolves are enjoying a successful season on the court, but an ownership dispute between Glen Taylor and prospective buyers Marc Lore and Alex Rodriguez has cast a shadow over the team. The public battle has led to a startlingly public fight, with allegations and disputes over the sale agreement. NBA commissioner Adam Silver stated that the league will not intervene, and the dispute will be resolved through mediation and arbitration. The ongoing turmoil threatens to distract from the team's achievements and has raised concerns about the future of the franchise, including the potential departure of president of basketball operations Tim Connelly.

via The Athletic|

#alex-rodriguez #marc-lore #minnesota-timberwolves

sports2 years ago•3 min saved

"Alex Rodriguez and Marc Lore's Plan for Timberwolves Payroll Cuts"

NBA Commissioner Adam Silver stated that the league is unlikely to intervene in the ownership dispute between Glen Taylor and minority owners Alex Rodriguez and Marc Lore over the sale of a portion of the Timberwolves franchise. The dispute, which involves a purchase agreement and a pre-agreed dispute resolution mechanism, will go through mediation and arbitration, with no role for the league in the process.

via Star Tribune|

#alex-rodriguez #glen-taylor #nba

sports2 years ago•16 min saved

"A-Rod and Lore's Battle for Timberwolves Ownership: The Inside Story"

A public clash has erupted between current Minnesota Timberwolves owner Glen Taylor and prospective owners Marc Lore and Alex Rodriguez over the team's ownership. The dispute centers around missed deadlines and obligations detailed in the contract, with Taylor announcing that Lore and Rodriguez's option to buy the final 40 percent of the team has expired, while Lore and Rodriguez vehemently disagree and claim they have fulfilled all requirements. The disagreement indicates a long, messy fight for the team is just getting started, with both sides showing no signs of backing down.

via The Athletic|

#alex-rodriguez #marc-lore #minnesota-timberwolves

sports2 years ago•2 min saved

"Alex Rodriguez and Marc Lore Respond to Timberwolves Ownership Drama"

The Minnesota Timberwolves and Lynx are no longer for sale, as owner Glen Taylor claims prospective buyers Marc Lore and Alex Rodriguez missed their deadline to close the deal, while Lore and Rodriguez assert they have fulfilled their obligations and have the necessary funding. The ownership dispute is set to be resolved through mediation and arbitration, and the Timberwolves, currently 50-22, are in the midst of a historic winning season.

via CBS Sports|

#alex-rodriguez #marc-lore #minnesota-timberwolves

world-news2 years ago•2 min saved

"Debate Erupts Over Ownership of Rare Earth Mineral-Rich Sunken Island Off Brazil's Coast"

A sunken island off the coast of Brazil, known as the Rio Grande Rise, has been discovered to contain rich deposits of rare earth minerals, sparking a debate over ownership of the natural resources. Brazil has staked a claim, arguing that the area shares geological similarities with its coastal shelf, but the site lies outside its jurisdiction in international waters. The potential extraction of these minerals has raised concerns about the environmental impact on the ocean ecosystem, prompting the need for detailed sustainability and impact assessments.

via UNILAD|

#brazil #environmental-impact #ownership-dispute