Perot sues Cuban alleges Mavs scarcely insolvent

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DALLAS - Dallas Mavericks infancy owners Mark Cuban says he covers the team’s handling deficits out of his own pocket.

The Dallas billionaire’s matter came in reply to a legal case filed by a association run by former Dallas Mavericks owners Ross Perot Jr., alleging that the Mavericks are financially ruined or verginginsolvency.

Hillwood Investment Properties III Ltd. sued Dallas Basketball Ltd. Monday, asking a decider to place the group in receivership and sequence an eccentric audit, as well as endowment damages.

Hillwood alleges the Mavericks lost $50 million in the mercantile year finished Jun 30. Hillwood additionally alleges the bar has lost $273 million given Cuban paid for a infancy interest in the group in 2000 from Perot, who retains a minority stake.  

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