Lewis Remele Discusses Timberwolves and Lynx Ownership Arbitration with Star Tribune
NEWS
In today's Star Tribune, Lewis Remele shares insights regarding the ongoing arbitration process in the ownership dispute of the Minnesota Timberwolves and Lynx. Lewis has argued in front of and served on arbitration panels throughout his career. His extensive experience in arbitration provides valuable context for understanding the significance of this moment.
As the arbitration panel begins hearing arguments from Glen Taylor and minority owners Marc Lore and Alex Rodriguez, the stakes are incredibly high. The outcome will determine who holds majority ownership of these franchises, which have seen their value soar from $1.5 billion to $3.1 billion in just three years. Lewis emphasizes that the arbitrators possess considerable power, as their decision will be final and virtually unappealable. This private process allows both sides to present their cases without the unpredictability of a jury trial, making it crucial for all parties involved.
We look forward to seeing how this situation unfolds and what its implications are for the future of basketball in Minnesota.
The full article can be found here.
Lewis Remele is regarded as one of the leading lawyers in Minnesota, and was the top vote-getter in the annual Minnesota Super Lawyers list in 2001-2005, 2008-2009, 2011-2014, 2016, 2018, 2019, 2020, 2021, 2022, 2023, and 2024. He was named the 2019 Minneapolis Arbitration Lawyer of the Year, 2009 and 2013 Minneapolis Bet-the-Company Litigator of the Year, and 2012 Legal Malpractice Law–Defendants Lawyer of the Year by The Best Lawyers in America. Lewis is recognized by the international research firm Chambers & Partners as a top business litigator. In addition, he is included in the Minnesota Lawyer Circle of Excellence for being selected as an Attorney of the Year in 2007, 2011 and 2017, and was named a Minnesota ICON for his ability to lead and succeed in courtrooms and conference rooms.
Lewis is a highly accomplished trial lawyer who for more than four decades has successfully tried, mediated, and arbitrated high-stakes matters and argued appeals in conference rooms and courtrooms across the nation. He is regularly sought out by businesses of all sizes, courts, and other organizations to resolve extremely complex disputes. Recently, he was court-appointed co-lead counsel in a consolidated multidistrict litigation, representing more than 70,000 plaintiffs in a high-profile international trade disruption. During his career, he has represented insurance companies in personal injury and coverage cases; corporate clients in diverse commercial suits including employment, contracts, securities, professional and fiduciary claims, directors’ and officers’ liability, class actions, shareholder disputes, debtor/creditor, antitrust; and has represented clients in products liability matters, and trusts and estates litigation. Numerous times Lew has been appointed a Special Master in both state and federal courts, as settlement master, and as a master to assist the court in discovery and related issues.
Lewis is past president of both the Minnesota State and Hennepin County Bar Associations and the Academy of Court Appointed Special Masters. He is a Fellow of the American College of Trial Lawyers, the International Society of Barristers, and the Academy of International Trial Lawyers. He also is a Life Fellow of the American Bar Foundation.
Bassford Remele proudly serves as local and national counsel for many major corporations and Fortune 500 Companies and is a go-to litigation firm representing local, national, and international clients in state and federal courts across the region. The firm provides comprehensive counsel and representation in litigation and dispute resolution, family law, and corporate matters, ensuring prompt and effective service for its clients.
Established in 1882, Bassford Remele is proud to be the oldest top-25 law firm based in Minnesota.
Bassford Remele | October 28, 2024
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Lewis Remele Discusses Timberwolves and Lynx Ownership Arbitration with Star Tribune
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