Court throws out previous ruling allowing Belkin to buy out owners
ATLANTA -- Boston-based businessman Steve Belkin suffered a setback on Tuesday in his long-running attempt to buy out the other owners of the Atlanta Hawks and Atlanta Thrashers.
The Maryland Court of Special Appeals threw out a 2006 lower court ruling that Belkin is entitled to buy out his fellow Hawks-Thrashers owners at cost and take over the teams. Also at stake are the operating rights to Philips Arena.
The case was sent back to the Montgomery County (Md.) Circuit
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