Sealing The Deal: NBA Lockout Can't Stop DLA Piper

Law360, New York (September 27, 2011, 7:21 PM EDT) -- Selling the Atlanta Hawks basketball team and its 19,500-seat arena to private equity and real estate investor Alex Meruelo should have been difficult — the NBA's prime asset, the players, are in the midst of an acrimonious lockout — but a DLA Piper team managed to swing it by cultivating a mutual respect between the buyers and sellers despite the uncertainty hanging over the league.

That trust was helped along in part by the deal's structure that tied the fates of both Meruelo and the sellers,...
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