A brewing battle over ownership of the Los Angeles Chargers just got publicly ugly.. Dea Spanos Berberian, part-owner of the Chargers and sister of controlling owner Dean Spanos, accused her brother of "misogynistic" behavior, "self-dealing" and repeated "breaches of fiduciary duty" in a lawsuit over control of the team, according to ESPN.. Berberian is reportedly seeking sole control of a . Dean Spanos' sister asks L.A. court to force Chargers sale - The San If Dea no longer wishes to be part of this family legacy, the three of us stand ready to purchase her share of the franchise, as our agreements give us the right to do.. Please reload the page and try again. Learn More D&B Reports Available for Dea Spanos Berberian, Other Companies for Dea Spanos Berberian, Dea Spanos Berberian, is listed as an officer of another company. document.getElementById( "ak_js_1" ).setAttribute( "value", ( new Date() ).getTime() ); Thanks for contacting us. . He graduated from the University of the Pacific in 1972. Dean Spanos sued by sister, accused of 'misogynistic' behavior as legal Dea and Dean are actually on the same side in one legal battle: a petition in U.S. Tax Court on Jan. 10 to challenge $5.8 million in back taxes and penalties. 781-535-5656 Merlene Lenning. The Chargers must pay a $650 million reallocation fee to the league, like the Rams did when they moved from St. Louis to Los Angeles and the Raiders when they moved from Oakland to Las Vegas. Dean Spanos's Net Worth: Details About Los Angeles Chargers Owner Federal Drug Seizure Auction, 'Dean refuses to consider a sale of the Trust's Interest of the Chargers, insisting that the Co-Trustees continue to borrow more and more, and to force the charities and the beneficiaries to wait for years and to "hope" while Dean speculates further on a football team,' read Berberian's filing, which was obtained by DailyMail.com. Alexander Gus Spanos (September 28, 1923 - October 9, 2018) was an American billionaire real estate developer, founder of the A. G. Spanos Companies, and the majority owner of the San Diego / Los Angeles Chargers of the National Football League (NFL). Yet none of those probably best describe what the son of Greek immigrants would use to describe himself: husband, father, grandfather and friend. So, why would she take this step? It claims the only solution for the finances is to sell the NFL franchise owned by the family since 1984. She also is in charge of community relations. Spanos is survived by his four children, Dean, Dea Spanos Berberian, Alexis Spanos . "We . 844-969-6281 Marschall Uccello. So that means of the three lawsuits involving the Chargers owners oversight of the trust, the initial one is now before arbitrator Holder, as is the one filed by the Economou brothers. who is dea spanos berberian husband? - mastadjabu.com Dean Spanos' Sister Petitions Court To Force Chargers' Sale Suddenly, San Diegans have a Spanos to root for. Adam Schefter. Meet Dea Spanos Berberian, a sister to Chargers controlling owner Dean Spanos. He is the son of Alex Spanos, who purchased majority interest in the team in 1984. Berberians lawyer declined to comment. On the single issue certified for Commissioner arbitration, the Economous are proxies for, and asserting claims on behalf of, the Trust, which is an owner of a member club of the NFL, bound by the NFL Constitution & Bylaws.. The nephews claim that Spanos with the aid of his. Last April, Dea filed a petition to impel the sale of the franchise, saying that there was no way for it to pay off its debts. He made headlines along . If Dea no longer wishes to be part of this family legacy, the three of us stand ready to purchase her share of the franchise, as our agreements give us the right to do.'. In a petition filed in Tax Court, the two children claim that the IRS audit of the trusts 2017 returns was initiated without informing the executors or their representatives. 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Breaches of fiduciary duty. Our parents, Alex and Faye, wanted the Chargers to be part of the Spanos Family for generations to come, the three siblings said in a joint statement. April 1, 2021 12:41 pm PT. During the 1900s, Faye's parents emigrated from the island . Berberian appears to stress in the motion to note her apparent new stance on the team sale. who is dea spanos berberian husband? - homatrading.com The trust's stake in the Chargers makes up 83 percent of its holdings. We won't use your email for any other purpose, and you can opt out at any time via an unsubscribe link. The filing was made this week in San Joaquin County Super Court by Dea Spanos Berberian, Deans sister. Dean and Michael Spanos and another sibling, Alexis Spanos Ruhl, have engaged in a public quarrel with Berberian. One example, taken from the lawsuit: Dean continues to use Trust assets as collateral, draw on the Trusts lines of, credit, and refuses to pay dividends for his own personal benefit and in breach of his fiduciary duties. "The NFL secured an historic media deal that juiced the value of teams across the board, and their attractiveness to purchasers," Dea's attorney, Adam Streisand, wrote. Spanos at 90: Birthday brings reflections on developer's legacy Janice McNair, inherited her late husband's 80% stake in the 32nd and most recent expansion team to enter the NFL. The best insights from the ultimate insiders, 2023 NYP Holdings, Inc. All Rights Reserved, Raiders star blasts Joey Bosa for playoff meltdown: Fking crybaby, Fired Cowboys coordinator finds new job one day later, 49ers stars Pro Bowl brother gets sucked into trash talk with Eagles fans, Chargers fire two coaches after historic playoff nightmare. The language in their dueling motions is often acerbic, and mediation has failed three different times. The Rams owner is married to Walmart heiress Ann Walton Kroenke, who's worth an estimated $8.4 billion, giving the husband and wife combo a total net worth of $16.6 billion. It's a Lot: The Value of . Chargers owner Dean Spanos sued by sister for financially ruinous Margette Husband. Vous tes ici : Accueil. Ron is chairmanowner of Bank of Agriculture and Commerce (BAC) and a dealer-partner in Berberian European Motors. An attorney for Dea wrote in a filing Tuesday that even selling minority controlling interest can help solve the family's financial problems, pointing to recent precedence. The families of Dean, Michael, and Alexis released a joint statement responding to the lawsuit: "It is unfortunate that our sister Dea, who clearly has no interest in continuing to participate in the family's businesses, has resorted to leveling false and provocative charges in an attempt to impose her will on the rest of the family. In fact, the budget shortfall is so bad that the family trust might be forced to renege on $22 million that has already been pledged to charities, According to the petition obtained by DailyMail.com (pictured), the trust had debts and expenses of $353 million as of September 30. AUSTIN - The presidential campaign of former Texas Gov. and Restated Declaration of Trust amends and restates in its entirety the ALEX AND FAYE. He was a loving and devoted husband and father, loved his country, loved life and lived it to the fullest. If an owner wants to move the team back to Americas Finest City theyd have to either add on to Snapdragon Stadium, expanding it to around 55,000 seats, or find a place to build a new stadium. And Berberians motion adds of her view of the team sale, that she had merely requested instructions as to whether the Co-Trustees, in accordance with their fiduciary duties explore (emphasis added) the sale of the Trusts interest in the Chargers., The April 1, 2021, lawsuit asked, This court should instruct Petitioner and her brother Dean A. Spanos to market and sell the Trusts 100 percent interest in Charger Enterprises Petitioner further requests that the Court compel the marketing and ultimate sale of 97 percent of the Team.. 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. 830-965-7871 Samicah Suprise. Faye Spanos was born in 1926 to Greek immigrant parents in Tarpon Springs, Florida. Wealth Management is part of the Informa Connect Division of Informa PLC. Berberian is the sister of Dean Spanos, who owns 15 percent of . Berberian and Dean Spanos are co-trustees of the trust set up by their parents, who passed in 2018. She was 92 years old. Our View: Family was always first for Alex Spanos Find company research, competitor information, contact details & financial data for Spanos-Berberian Winery, LLC of Yountville, CA. Dean Alexander Spanos was born on May 26, 1950, in Stockton, California, the United States of America to parents, Alex Spanos and Faye Papafaklis. Dea Spanos Berberian filed a petition Thursday in San Joaquin County Superior Court seeking sole control of the family trust that has a 36% stake in the ownership of the Chargers. The daughter of late Chargers owner Alex Spanos has filed a lawsuit in a bid to force the family trust's sale of the Los Angeles-based NFL franchise because, she says, her brother Dean (left) has racked up $353 million in debt for the family trustDea Spanos Berberian (right) filed a petition Thursday in Los Angeles County Superior Court contending that mounting debt from the franchise is creating an estimated yearly loss of at least $11 million for the family trust. 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