10-26-2016, 02:13 PM | #961 |
BAY BAY
Posts: 36,524
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Billy says he's seen proof that TNA is in discussions with WWE about a sale & that Dixie told them she was just gonna pay Corgan back.
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10-26-2016, 02:13 PM | #962 |
Triple A
Posts: 133,040
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Thank you guys...
So is this just going to be held up in court for a while? Isn't TNA on the brink of financial collapse? Is WWE now totally out? What is the most likely scenario here? |
10-26-2016, 02:16 PM | #963 | |
BAY BAY
Posts: 36,524
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Quote:
Dixie surely must be gone at this point. If the court finds in favour of Corgan, he'll run the show. If not, Fight Network have been making moves too. Either way, it seems TNA will survive for slightly longer still. |
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10-26-2016, 02:20 PM | #964 |
king of sucks
Posts: 4,412
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the biggest problem now is the back taxes owed to the state of tenn they better take care of that first.
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10-26-2016, 02:29 PM | #965 | |
Posts: 3,033
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Quote:
Today's temporary injunction hearing is actually going on right now in chancery court, just down the road from my offices here in Nashville. We don't really know for sure if they're on the brink of financial collapse, but Corgan is alleging that to be the case. WWE could definitely at any time still offer to pay TNA for the tape library and probably at least license the TNA trademarks for use on the network, etc. TNA could also offer the same to WWE. The question in this case is, who has the authority to make those decisions on behalf of TNA, Dixie or Corgan? The most likely scenario, IF all Corgan's claims are true and he can prove them, Corgan's going to get control of TNA, regardless of what kind of shape the company is in. That being said, there's still a very strong possibility of SOME kind of settlement agreement being reached since most civil lawsuits like this (over 90%) settle before a verdict. |
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10-26-2016, 02:32 PM | #966 |
Quark is Less Impressed.
Posts: 38,371
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10-26-2016, 02:37 PM | #967 |
BAY BAY
Posts: 36,524
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10-26-2016, 02:46 PM | #968 |
Posts: 3,033
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Hey! I know Nate! Didn't know he was covering this story. He usually covers music business news. Too funny.
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10-26-2016, 02:49 PM | #969 |
Inno Knows.
Posts: 43,710
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10-26-2016, 02:49 PM | #970 |
Inno Knows.
Posts: 43,710
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This guy is at the hearing live tweeting it
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10-26-2016, 02:50 PM | #971 |
Inno Knows.
Posts: 43,710
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10-26-2016, 02:50 PM | #972 |
King of Suplexes/Oxy
Posts: 18,466
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This is my Wrestlemania
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10-26-2016, 02:50 PM | #973 |
Inno Knows.
Posts: 43,710
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10-26-2016, 02:51 PM | #974 |
Inno Knows.
Posts: 43,710
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10-26-2016, 02:51 PM | #975 |
Inno Knows.
Posts: 43,710
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10-26-2016, 02:52 PM | #976 |
Inno Knows.
Posts: 43,710
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10-26-2016, 02:52 PM | #977 |
King of Suplexes/Oxy
Posts: 18,466
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Really should have flown out to attend.
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10-26-2016, 02:52 PM | #978 |
Inno Knows.
Posts: 43,710
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10-26-2016, 02:52 PM | #979 |
Posts: 3,033
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Apparently it was just claimed in court that $1.8M was paid by Anthem and that they at least have some right(s) to TNA's video library.
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10-26-2016, 02:53 PM | #980 |
King of Suplexes/Oxy
Posts: 18,466
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10-26-2016, 02:53 PM | #981 |
Inno Knows.
Posts: 43,710
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10-26-2016, 02:55 PM | #982 | |
King of Suplexes/Oxy
Posts: 18,466
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Quote:
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10-26-2016, 02:55 PM | #983 |
Posts: 3,033
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10-26-2016, 02:56 PM | #984 |
Posts: 3,033
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10-26-2016, 03:00 PM | #985 |
King of Suplexes/Oxy
Posts: 18,466
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10-26-2016, 03:02 PM | #986 |
Posts: 3,033
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Yeah, it's one of the few benefits we get. That, and being repeatedly asked for free legal advice anytime someone finds out you're a lawyer. Oh wait, that last one's probably not a benefit.
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10-26-2016, 03:04 PM | #987 |
Inno Knows.
Posts: 43,710
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10-26-2016, 03:10 PM | #988 |
Let me talk to ya
Posts: 11,749
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How does TNA have money for lawyers? Would be funny if theyvhad court appointed attorneys.
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10-26-2016, 03:14 PM | #989 |
Inno Knows.
Posts: 43,710
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10-26-2016, 03:15 PM | #990 |
King of Suplexes/Oxy
Posts: 18,466
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10-26-2016, 03:15 PM | #991 |
Inno Knows.
Posts: 43,710
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10-26-2016, 03:16 PM | #992 | |
King of Suplexes/Oxy
Posts: 18,466
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Quote:
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10-26-2016, 03:16 PM | #993 |
Inno Knows.
Posts: 43,710
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10-26-2016, 03:17 PM | #994 |
King of Suplexes/Oxy
Posts: 18,466
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Notoriety? Maybe. Probably more accurately "ignominy"
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10-26-2016, 03:17 PM | #995 | |
King of Suplexes/Oxy
Posts: 18,466
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Quote:
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10-26-2016, 03:20 PM | #996 |
Inno Knows.
Posts: 43,710
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10-26-2016, 03:20 PM | #997 |
Inno Knows.
Posts: 43,710
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10-26-2016, 03:25 PM | #998 |
Inno Knows.
Posts: 43,710
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10-26-2016, 03:26 PM | #999 |
Inno Knows.
Posts: 43,710
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10-26-2016, 03:26 PM | #1000 |
Inno Knows.
Posts: 43,710
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