Ex-Sonics owner claims commissioner warned him about lawsuit

 
By Randy Ellis | Published: July 26, 2008    Comment on this article Leave a comment

NewsOK Related Articles

/> Asked if Schultz had fairly described their conversation, Stern issued the following statement to The Oklahoman on Friday: "We had a friendly conversation at the close of which we both had stated our positions. There were no threats expressed or implied.”

Schultz has continued to press forward with his lawsuit, which seeks to void the 2006 sale of the team based on allegations that the Oklahoma buyers fraudulently represented that they would use their best efforts to keep the team in Seattle.

Schultz doesn't want ownership of the team back. Instead, he wants the judge to establish a constructive trust to search for an "honest buyer” who will keep the team in the Seattle area.

Thursday, Schultz's lawyers asked the judge to split the trial into two parts — the first to determine liability and the second to deal with remedy.

Determining a remedy would require expensive and time-consuming litigation, Schultz's attorneys said.

It would all be wasted effort if the judge determines the Oklahoma owners aren't liable. Splitting the issues could save unneeded expense, Schultz contends.

The team's Oklahoma owners plan to oppose splitting the trial, said Brad Keller, one of their attorneys.

Dividing the trial "is nothing more than a transparent ploy by Schultz to try to shield from judicial scrutiny the fatal legal deficiencies in the remedies being sought,” Keller said.

Page 2 of 2




If you prefer your thoughts to appear in The Oklahoman's Opinion section, we encourage you to submit a letter to the editor.


Mortgage Rates Hit 2.50%
If you owe under $729k you may qualify for 2.90% APR Govt Refi Plans.
www.SeeRefinanceRates.com
New Rule in VIRGINIA:
(APR 2013): If You Pay For Car Insurance You Must Read This Immediately
www.ConsumerFinanceDaily.com

News Photo Galleriesview all