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Sterling Trust Could Face Default on Loans if Clippers Aren’t Sold, CFO Says – Wall Street Journal

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Wall Street Journal

Sterling Trust Could Face Default on Loans if Clippers Aren't Sold, CFO Says
Wall Street Journal
LOS ANGELES—The family trust that owns the Los Angeles Clippers is in danger of defaulting on hundreds of millions of dollars in loans if a planned sale of the team doesn't go through, an executive testified Monday in a case over whether co-owner ...
Loans face default if Clippers sale doesn't proceed, attorneys argueLos Angeles Times
CFO: Sterling must repay $500M in loansComcast SportsNet New England
CFO Of Sterling Trust Says Clippers Sale Necessary To Pay Off LoansDeadspin

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