For the Buss siblings, it remains to be seen how they interpret the language of the trust. It appears they want to cash out on their stakes in the franchise, and they could potentially seek a court order to remove their sister as a co‑trustee, such as by arguing the trust permits a vote to that effect or permits a removal under certain circumstances. Trusts can also contain language that allows for reconfiguration in the event of conflicts of interest and other circumstances that touch on fiduciary duties. Whether the siblings could offer a viable argument is unknown, but the fact that they could try is the more salient point given that it could complicate the sale.
This article originally appeared on Hoops Hype: Whether the siblings could offer a viable argument is …