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Ownership |
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ownership n. legal title coupled with exclusive legal right to possession. Co-ownership, however, means that more than one person has a legal interest in the same thing. (See: own) OWNERSHIP, title to property. The right by which a thing belongs to some one in particular, to the exclusion of all other persons. Louis. Code, art. 480. |
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My old bosses at UCG, Bruce Levenson and Ed Peskowitz, freely concede that having failed to achieve their boyhood dreams of becoming professional athletes, they were able to achieve the adult version, owning a franchise (in their case, part ownerships of two, the Atlanta basketball and hockey teams). Even more startling is the fact that many of these properties' ownerships are not easily identified by their deeds. So there is something harder than managing the Dodgers for five years that spanned two ownerships, four general managers and head cases from Gary Sheffield to Kevin Brown to Milton Bradley. |
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