NBA Agent Must Arbitrate $30M Suit Over Agency Firing

By Bonnie Eslinger (August 23, 2017, 4:31 PM EDT) -- A California judge on Wednesday ordered basketball agent Dan Fegan to arbitrate his $30 million claim against Independent Sports & Entertainment CEO Hank Ratner alleging the agency fired him in order to steal his NBA player clients, saying arbitration provisions in agreements Ratner signed with the agency were "pretty broad."

Wednesday's order marked a victory for Ratner and other ISE executives, who argued that the arbitration provisions also cover disputes over what's arbitrable. At the start of the hearing, Los Angeles Superior Court Judge Michael L. Stern said he was inclined to grant the motion to compel arbitration — and after oral...

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