Overview
- Jeanie Buss filed a 97‑page petition in Los Angeles Superior Court on Wednesday seeking to void a five‑sibling vote to sell the family trust’s 17.8% Lakers stake and to remove co‑trustees Janie and Joey Buss for alleged breach of fiduciary duty.
- Her filing accuses her siblings of “devious” conduct, asks the court to hold them in contempt, and demands damages and other remedies tied to a 2017 order that required trustees to protect Jeanie’s role as controlling owner.
- The five other Buss siblings have issued a public statement saying they remain united in the decision to sell and intend to proceed with the transaction process.
- The family vote followed a reported agreement by majority owner Mark Walter to sell control to Bob Iger and Josh Kushner for about $12.5 billion, a deal that still requires NBA Board of Governors approval and does not automatically resolve the trust dispute.
- A hearing is set for November 5 and the court case could block or delay any transfer of the trust stake, decide whether Jeanie retains the roughly 15% ownership needed to stay NBA governor, and shape how the league handles owner qualification during its review.