A dispute between Kareem Abdul-Jabbar and a southern California auction company is back in court.
The suit, filed last week in Superior Court, names Abdul-Jabbar and the KAJ Lifetime Retirement Savings Plan. Julien’s is also suing Abdul-Jabbar’s business manager.
Julien’s claims it entered the consignment agreement for about $10 million worth of items in October 2012. They were slated to go on the auction block in 2013.
When the dispute originally went to court, a judge sided with Julien’s, but his manager is claiming that the savings plan is a separate legal entity in which Abdul-Jabbar has no ownership.
Julien’s accuses the Abdul-Jabbar camp with creating “layer upon lawyer of dummy companies in order to avoid their liabilities to their creditors.”
Courthouse News breaks down the ongoing battle.