In a one-week arbitration held in Minneapolis, Alex Rodriguez and Marc Lore prevailed in their dispute with team owner Glen Taylor over the $1.5 billion purchase of the Minnesota Timberwolves and Lynx. The disagreement centered on whether Rodriguez and Lore had completed one of the required installment purchases within the timeframe outlined in the Equity Interest Purchase Agreement (EIPA). Taylor claimed the deadline had expired, seeking to invalidate their option to acquire controlling interest. The claimants demonstrated that they had fully complied with all contractual terms and timing provisions, including the automatic extension tied to NBA approval, showing that Taylor’s attempt to call off the deal was unfounded.
DOAR supported the legal team with trial preparation, graphics development, and evidence presentation, helping to clearly illustrate the transaction’s timeline, structure, and compliance—culminating in a decisive ruling confirming Rodriguez and Lore’s rightful ownership of the franchises.
