Is ownership of the Timberwolves and Lynx about to change hands?
That question will receive an answer soon from Eric C. Tostrud, U.S. district court judge for the state of Minnesota, after he heard arguments from lawyers representing franchise majority owner Glen Taylor and minority owner Meyer Orbach during an injunction hearing on Wednesday in St. Paul.
Orbach is asking the judge to stop a sale of 20% of Taylor's ownership shares to Marc Lore and Alex Rodriguez, or have the court hold all funds from the sale. Orbach believes that his partnership agreement with Taylor, who also owns the Star Tribune, has been violated because he is not being allowed to sell his shares before Taylor transfers ownership.