Ballmer Buys Clippers For $2B Minutes After Judge OKs Sale

By Michael Lipkin (August 12, 2014, 3:57 PM EDT) -- Shelly Sterling finalized the $2 billion sale of the Los Angeles Clippers to former Microsoft CEO Steve Ballmer on Tuesday, shortly after a Los Angeles judge approved Sterling's power to sell the team without her embattled husband's approval.

Los Angeles Superior Court Judge Michael Levanas issued a final statement of decision Tuesday, finding that Shelly Sterling had the authority to remove Donald Sterling from the trust that owns the Clippers and that the sale could proceed even if the order was contested on appeal.

An attorney for Ballmer said the sale was "signed, sealed and delivered" just minutes after the decision...

Stay ahead of the curve

In the legal profession, information is the key to success. You have to know what’s happening with clients, competitors, practice areas, and industries. Law360 provides the intelligence you need to remain an expert and beat the competition.

  • Access to case data within articles (numbers, filings, courts, nature of suit, and more.)
  • Access to attached documents such as briefs, petitions, complaints, decisions, motions, etc.
  • Create custom alerts for specific article and case topics and so much more!


Hello! I'm Law360's automated support bot.

How can I help you today?

For example, you can type:
  • I forgot my password
  • I took a free trial but didn't get a verification email
  • How do I sign up for a newsletter?
Ask a question!