If the arbitrator determines that the dispute is arbitrable, then the lawsuit will be dismissed for lack of Chancery Court jurisdiction. 2016/17 Aficionado Julius Erving 065/125 I absolutely love the look of.
Julius erving 2016 Pc#
He also said that, under the Federal Arbitration Act, it was appropriate to halt the lawsuit, rather than dismiss it, pending a decision from the arbitrator. Philadelphia 76ers PC (Main PC-Julius Erving-/Dr J). In his ruling Monday, Vice Chancellor Nathan Cook agreed that, under a dispute resolution provision in the operating agreement, the court cannot exercise jurisdiction until the case is first submitted to an arbitrator. Shorthanded Sixers Upset Nets in Ben Simmons' Return to PhiladelphiaĪmong specific allegations, the lawsuit argues that ABG wrongfully diverted funds to itself to pay an unauthorized 30% management fee, and used the wrong metric to determine distribution amounts.ĪBG filed a motion to dismiss the lawsuit, arguing that the operating agreement requires the parties to arbitrate the dispute. J” stems from a 2016 agreement to sell a majority interest in his trademark and other intellectual property to Authentic Brands Group LLC.Īccording to court records, ABG and its controlling member and CEO, James Salter, promised to grow Erving’s brand through new licensing agreements, promotional appearances, and other marketing opportunities. Julius Winfield Erving II (born February 22, 1950), commonly known by the nickname Dr. The lawsuit by the Hall of Fame player known as “Dr. J” brand and has focused instead on more profitable brands.Ī Delaware judge on Monday halted a lawsuit filed by basketball legend Julius Erving against a brand-development and marketing company, ruling that the dispute must go to arbitration. Erving alleges that ABG has failed to devote adequate resources to grow the “Dr. According to court records, ABG promised to grow Erving’s brand through new licensing agreements, promotional appearances, and other marketing opportunities.J” agreed to sell a majority interest in his trademark and other intellectual property to Authentic Brands Group. Julius Erving, currently in Japan serving as a judge of a dunking exhibition involving trampolines, says he was blown away by this years NBA dunk contest. J: My Life Above the Rim and Behind Closed Doors Julius Erving 4. 71 Birth Place: Nassau County, New York Height: 6 7' (2. The lawsuit stems from a 2016 deal in which the Hall of Fame player known as “Dr.Broadcast information will be released at a later date. The judge ruled Monday that the dispute must go to arbitration. The winner of the 2016 Julius Erving Award will be presented at the ESPN College Basketball Awards presented by Wendy’s from Club Nokia in Los Angeles, CA on Friday, April 8, 2016. A Delaware judge has halted a lawsuit filed by basketball legend Julius Erving against a brand-development and marketing company.
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