The filing. 236. Berberian, the sister of the Chargers' owner . However, the potential on this front could explain the timing of Spanos Berberians legal push to have the team sold. In addition, according. Aztecs to honor 8 on Senior Night against Wyoming, but are all of them leaving? More:Faye Spanos: A wonderful person, a wonderful life, More:Whos who of civic, sports leaders bid farewell to Alex Spanos, Photos: Remembering the life, legacy of Alex Spanos. Chargers owner Dean Spanos has been accused of misogynistic behavior and repeated breaches of fiduciary duty by his sister in a court filing that this week further advanced the ongoing legal battle involving the siblings. True to Dean Spanos forecast late in the franchises San Diego tenure, the Chargers have remained a career vehicle for generations of Spanos family members, seven of whom are listed in the club directory in the teams 2020 media guide. Los Angeles Chargers owner Dean Spanos at a game in 2019. The three of us and our children, representing more than 75% of the family and its ownership of its businesses, stand united in support of our parents and grandparents wishes, including as to the continued ownership and operation of the Chargers.. Alex Spanos was an American billionaire who primarily worked as a real-estate developer and founded 'A.G. Spanos Companies.'. Throughout this entire ordeal that was instigated without justification by my sister Dea Berberian, my brother Dean has been unfailingly respectful of me and of my wishes. (Photo by John McCoy/Getty Images). Chargers fans of the world, rejoice Dean Spanos, the widely hated part-owner of the L.A. Chargers, is being sued by his sister, Dea Spanos Berberian, for repeated misogynistic behavior. This site uses Akismet to reduce spam. Get the latest on L.A.'s teams in the daily Sports Report newsletter. The petition by Dea Spanos Berberian, who serves as co-trustee of the family trust along with her brother, alleges the trusts debts and expenses exceed $353 million. Smart girl. Chargers co-owner Dea Spanos Berberian is headed to court in an attempt to force the team to be sold, according to the Los Angeles Times . Los Angeles Chargers controlling owner Dean Spanos has already earned one victory this summer by getting his legal dispute with his sister, Dea Spanos Berberian, moved out of Los Angeles. Nous, Yahoo, faisons partie de la famille de marques Yahoo. In 1961 the franchise moved to San Diego. This year, Berberian has filed a lawsuit seeking control over the trust . Dean Spanos took over as managing owner of the Chargers in 1994, 10 years after his father bought the franchise. Si vous souhaitez personnaliser vos choix, cliquez sur Grer les paramtres de confidentialit. Dea Spanos Berberian filed the suit Thursday in San Joaquin County Superior Court, as ESPN reported, seeking sole control of the Spanos Family Trust that constitutes more than one-third of the Chargers' ownership. The Chargers have emerged 33-28. The lawyer went on to say that Berberian's three siblings, Dean, Michael and Alexis, have stood firmly in opposing her in the past and that "today's lawsuit will receive the same reaction.". Rather than seeking to monetize illiquid assets in order to pay debts and liabilities, and make distributions to beneficiaries, the Co-Trustees have principally been borrowing, including borrowing money from one bank to pay another, the petition said. Alexis Spanos Ruhl BOARD MEMBER Alexis serves as a company liaison to local non-profit agencies. In this latest filing citing financial statements Berberian says the trusts debts totaled more than $358 million as of Dec. 31. The four siblings are equal beneficiaries of the family trust, according to court documents. Streisand previously represented Steve Ballmer in his purchase of the Clippers and Jeanie Buss in the legal fight that cemented her as controlling owner of the Lakers. Dean's sister Dea Spanos Berberian filed a lawsuit last week in San Joaquin County Superior Court seeking full control of the Spanos Family Trust, which has a 36 percent stake in the Chargers. In June 2002, Dea's husband Ron, from a wealthy Stockton family, announced he and Alex Spanos were buying the Bell Wine Cellars, an ultra-premium Napa Valley winery run by Anthony Bell that has since made . The families of Dean Spanos, Alexis Spanos Ruhl and Michael Spanos released a statement later Friday reaffirming their unity. Without family, you will be left emotionally empty, no matter how fabulous your accomplishments.. Together, Ron and Dea, are dedicated to enhancing the experience of visiting Bell Wines and offering the best quality of their award-winning wines. She is represented by Adam Streisand, the same attorney who helped Jeanie Buss take control of the Los Angeles Lakers in the NBA. Jun 10, 2022 Dea Spanos Berberian, the sister of Chargers owner Dean Spanos, is suing her brothers for "misogynistic" treatment, "self-dealing" and "breaches of fiduciary duty," ESPN's Adam. Spanos, Berberian and their siblings Michael Spanos and Alexandra Spanos Ruhl each own 15% of the Chargers franchise, with 36% managed by the family trust and the remaining 4% owned by non-family members. But it is the life of the Chargers in January next will determine the success or otherwise of their season. The nephews claim that Dean Spanos, with the aid of Michael, altered the trust in February 2018 to divert money to themselves personally.. The Spanoses reside in Stockton, California.Spanos also owns property in Las Vegas, Nevada. This week, Berberian also agreed to allow the NFL to arbitrate a settlement in the case. However, he grew up in troubled circumstances, as his parents were constantly fighting. Meet Dea Spanos Berberian, a sister to Chargers controlling owner Dean Spanos. The suit also asks the court to suspend and remove Spanos as a co-trustee and seeks unspecified financial damages awarded to Berberian. Conceivably if a judge agrees with Spanos Berberian, the possibility could arise, however fraught with large obstacles, of the franchise being sold. He helped his club to make a comeback last week and this week he still has nearly brought the Broncos (4-12) to win the match to end. Jesus, who are these people?! In the petition, Berberian accuses her brothers Dean and Michael of repeatedly acting out of their deeply-held misogynistic attitudes and sense of entitlement as the men in the family to rationalize their pitiable behavior which she believes is intended to teach her that a woman has no rights, no matter what any trust instrument might say., It also states that Dean and Michael believe to their cores that, regardless of what their parents intended and their wills specified, men are in charge and women should shut up., In a statement issued Friday by the families of Alexis Spanos Ruhl, Michael Spanos and Dean Spanos, they said: It is unfortunate that our sister Dea, who clearly has no interest in continuing to participate in the familys businesses, has resorted to leveling false and provocative charges in an attempt to impose her will on the rest of the family. Rams decide to part ways with linebacker Bobby Wagner, who tallied a team-high 140 tackles, six sacks and two interceptions in the 2022-23 season. A sister of Chargers owner Dean Spanos, Dea Spanos Berberian, has filed a petition in Los Angeles County Court asking a judge to force a sale of the team. Dean Alexander Spanos (born May 26, 1950) is the chairman and owner of the National Football League (NFL)'s San Diego / Los Angeles Chargers franchise. He had a very difficult first season. 24/7 coverage of breaking news and live events. In addition, according to the filing, the trust doesnt have a plan to pay more than $22 million it has pledged to charities. Dean refuses to consider a sale of the Trusts Interest of the Chargers, insisting that the Co-Trustees continue to borrow more and more, and to force the charities and beneficiaries to wait for years and to hope while Dean speculates further on a football team, the petition said. And that ultimately may be why this lawsuit was filed. Dean Spanos has controlled the teams day-to-day management since 1994. In addition, according. Tom Eddy Wines Spanos-Berberian Vineyard Cabernet Sauvignon Napa Valley, USA Avg Price (ex-tax) $ 452 / 750ml Red - Bold and Structured 3 from 1 User Rating 89 / 100 from 2 Critic Reviews Only a couple of critics have rated this Napa Valley wine so far. A solid family foundation: This is the basis of everything, the essential passage said. dvelopper et amliorer nos produits et services. Vous pouvez modifier vos choix tout moment en cliquant sur le lien Tableau de bord sur la vie prive prsent sur nos sites et dans nos applications. John oversees the teams football operations and A.G. heads the business side. As it turns out, Dea Spanos Berberian, one of Dean's younger sisters, is reportedly attempting to force her three siblings to sell their remaining stake in the Los Angeles . San Diego is now one of the better off. In addition, according. Chargers' owner Dean Spanos is being sued by his sister, Dea Spanos Berberian, for alleged misogynistic behavior and repeated breaches of fiduciary duty, per me and @ByKimberleyA. The petition by Dea Spanos Berberian, who currently owns 15% of the Chargers, is seeking instruction by a California state court for how to manage the 36% share owned by the family's trust. Every story about NFL owners is like reading a comic book. She knew right then, the team needed new ownership. Her brothers and sisters affectionately refer to her as "bossy." U-T draft analyst Eddie Brown has the Chicago Bears considering a trade, Privacy PolicyTerms of ServiceSign Up For Our NewslettersSite Map, Copyright 2023, The San Diego Union-Tribune |. He is the son of Alex Spanos, who purchased majority interest in the team in 1984. The NFL declined to comment on the situation. In a November 2019 letter included with the court filing, Dean Spanos vowed to his three siblings that he would retain an investment bank at the end of the 2024 season in an effort to find a new owner. Tim Tebow can not do everything alone. His plan is hope.. Faye Spanos: A wonderful person, a wonderful life, Whos who of civic, sports leaders bid farewell to Alex Spanos, Your California Privacy Rights / Privacy Policy. at Siblings in attendance included brother and Chargers executive vice president Michael Spanos and wife Helen; sister Dea Spanos Berberian, a vice president of A.G. Spanos Companies, and her husband . (Late billionaire Alex Spanos purchased the team in 1984, and his four children, including Dean and Dea, each own 15 percent of the club, while the family trust owns 36 percent.) She has been the co-owner of the Los Angeles . They now have an emerging superstar at quarterback in Justin Herbert and share the $5-billion SoFi Stadium with the Rams. Sorry for my poor english translation. The petition asks the court to order Berberian and Spanos to take steps to sell the trusts share of the Chargers and invoke a provision of trust law that would require the teams other shareholders to do the same. They are the sons of one of Spanos' sisters, Dea Spanos Berberian. Focus Wednesday on the AFC West division by far the lowest in the American Conference. Thursday in a Los Angeles court, Dea's lawyer made a bid to force . (In San Diego arose the old football chant, spelled with a twist: Dea-Fence Dea-Fence!). Dea Spanos Berberian, the sister of Chargers owner Dean Spanos, is suing her brothers for misogynistic treatment, self-dealing and breaches of fiduciary duty, ESPNs Adam Schefter and Kimberley Martin reported. Dea Spanos Berberian, is listed as an officer of another company. For the three of us, the Chargers is one of our familys most important legacies, just as it was for our parents, the statement said. Berberian is being represented by Adam Streisand, who also represented Jeanie Buss when she wrested control of the Los Angeles Lakers from her brothers and Steve Ballmer in the trial to force Donald Sterling to sell the LA Clippers. Alex Spanos bought the San Diego Chargers in 1984, and Dean Spanos took over managing the franchise in 1994. The NFL has declined comment on the matter. The making and sale of fine wine is a pursuit of Dea Spanos Berberian, Alex's first born daughter, secretary of the A.G. Spanos board. All rights reserved. "Throughout this entire ordeal that was instigated without justification by my sister Dea Berberian, my brother Dean has been unfailingly respectful of me and of my wishes. . Berberian also accuses her brothers of conspiring with Steven Cohen, the executive vice president and COO of The Spanos Corporation, to undermine Berberian by "deliberately" damaging her relationship with the pastor of her Greek Orthodox church, Father Alex Karloutsos. Jun 13, 2022. The remaining 4% of the franchise is owned by other parties outside of the Spanos family. What a crock. Voluntary arbitration is legal in employment contracts. With the NFL combine starting Tuesday in Indianapolis, here are five positions the Los Angeles Chargers might focus on during this offseason. "The three of us and our children, representing more than 75% of the family and its ownership of its businesses, stand united in support of our parents' and grandparents' wishes, including as to the continued ownership and operation of the Chargers.". According to the petition, the trust had debts and expenses of $353 million as of Sept. 30. She also is in charge of community relations. After the Broncos' record $4.65 billion sale to the Walton-Penner family, one of Denver's AFC West rivals, the Chargers, could be next on the list of NFL franchises to be sold. Not a member? NFL Combine 2023: Colossal Richardson breaks QB records, Jackson Mahomes accused of assault at Kansas restaurant, NFL combine measurements: Full list of WR, TE numbers, Agent's Take: Rodgers' trade value, logistics, best fit, Ex-Patriots star McGinest facing 8 years in prison, Gould to test market, won't kick for 49ers in '23. Lorsque vous utilisez nos sites et applications, nous utilisons des, authentifier les utilisateurs, appliquer des mesures de scurit, empcher les spams et les abus; et. After Alex Spanos and his wife, Faye, died in Stockton in 2018, Dean Spanos, the oldest of the four children, and Berberian were left as the sole co-trustees. Everyone feels entitled to everything. To characterize Dean as somehow being less than fully respectful of the women in our family is just not right.". In 1948, Spanos married Faye Papafaklis. Faye and Alex Spanos married in 1948 and would have marked their 70th wedding anniversary on Aug. 21.