By Lauren Berg ( December 9, 2025, 10:29 PM EST) — The majority owner of the NBA’s Phoenix Suns on Tuesday doubled down on its assertion that a $250 million capital call and a subsequent additional funding round this summer were properly issued under the LLC agreement, amid two minority owners’ allegations of mismanagement in Delaware’s Chancery Court….

Law360 is on it, so you are, too.

A Law360 subscription puts you at the center of fast-moving legal issues, trends and developments so you can act with speed and confidence. Over 200 articles are published daily across more than 60 topics, industries, practice areas and jurisdictions.

A Law360 subscription includes features such as

Daily newsletters
Expert analysis
Mobile app
Advanced search
Judge information
Real-time alerts
450K+ searchable archived articles

And more!

Experience Law360 today with a free 7-day trial.