ATLANTA (AP) -A Maryland judge has ruled the eight owners of the Atlanta Hawks and Atlanta Thrashers are back in business under the same operating agreement they shared before their legal battles began in 2005.
Montgomery County Circuit Court Judge Durke G. Thompson ruled Monday that the contract the owners reached that would allow the seven owners to buy out Boston-based Steve Belkin was too vague.
The judge encouraged the owners to settle the feud, based in part on a disagreement on the value of Belkin’s 30 percent share of the teams, without outside intervention.
Also at stake are the operating rights to Philips Arena, where the Hawks and Thrashers play.
Belkin can appeal the ruling.
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