The Bee today reports that the Maloofs have handed over some of the sale documents requested by David Flemmer, the Bankruptcy Trustee overseeing Bob Cook's 7% share of the team that is up for auction in the coming months. Flemmer is investigating whether or not a right of first refusal exists and if it does, if the Maloofs have violated legal protocol by not giving minority owners the chance to match. As James Ham and Aaron Bruski reported last week, the ROFR definitely looks legitimate.
Maloofs Hand Over Sale Documents to Bankruptcy Trustee
Sactown Royalty | Feb 11