A summary of Southern California-related business litigation developments during the past week.
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Clippers’ Owner Settles Rent Suit: A spokesman for Clippers owner Donald T. Sterling said Sterling has settled a Los Angeles Superior Court suit seeking to evict him from his Wilshire Boulevard penthouse office. Sterling was sued Thursday for $66,298 by VMS Realty Management Inc. of Illinois, which claimed that he agreed in November, 1986, to monthly rent of $9,732.50--or $346.38 a day. But Robert Steele, chief financial officer of Donald T. Sterling Corp., said the case, stemming from a rent dispute, was resolved for an undisclosed sum Friday. (Filed May 10, 1990. Case No. BC000864)
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