Islanders: 'There is no merit' to reports of lawsuit against owner Charles Wang
Andrew Kelly / REUTERS
The New York Islanders have refuted the report of a lawsuit filed against owner Charles Wang claiming he backed out of selling the team to Philadelphia-based lawyer Andrew Barroway and his corporation NY ICE.
The New York Daily News reported that court documents showed NY ICE was suing Wang for reneging on a $420 million deal to sell the Islanders to Barroway.
Wang and Barroway have been in a legal battle before. In 1998, Barroway was the lead plaintiff in a class-action lawsuit against Wang's company, Computer Associates.