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Reload this Page LIVE Coverage of Court Case - Dixie Carter vs Billy Corgan for TNA ownership!
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Old 10-26-2016, 02:13 PM   #961
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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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Old 10-26-2016, 02:13 PM   #962
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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?
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Old 10-26-2016, 02:16 PM   #963
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Originally Posted by Triple A View Post
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?
WWE is out, but they'd be back to pick up the pieces and get the tapes at a bargain

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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Old 10-26-2016, 02:20 PM   #964
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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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Old 10-26-2016, 02:29 PM   #965
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Quote:
Originally Posted by Triple A View Post
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?
Yes, it will likely be a while before anything is finalized. Not sure if there's a trial date even set yet, but I may have just missed that news. Could be months/years, depending on trial outcome, appeals, etc.

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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Old 10-26-2016, 02:32 PM   #966
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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.
The New Owner of TNA
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Old 10-26-2016, 02:37 PM   #967
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https://twitter.com/tnnaterau

Live tweeting at court
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Old 10-26-2016, 02:46 PM   #968
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BigCrippyZ got the bus to Rep Town and repped it up real bad at the rep shop (100,000+)BigCrippyZ got the bus to Rep Town and repped it up real bad at the rep shop (100,000+)BigCrippyZ got the bus to Rep Town and repped it up real bad at the rep shop (100,000+)BigCrippyZ got the bus to Rep Town and repped it up real bad at the rep shop (100,000+)BigCrippyZ got the bus to Rep Town and repped it up real bad at the rep shop (100,000+)BigCrippyZ got the bus to Rep Town and repped it up real bad at the rep shop (100,000+)BigCrippyZ got the bus to Rep Town and repped it up real bad at the rep shop (100,000+)BigCrippyZ got the bus to Rep Town and repped it up real bad at the rep shop (100,000+)BigCrippyZ got the bus to Rep Town and repped it up real bad at the rep shop (100,000+)BigCrippyZ got the bus to Rep Town and repped it up real bad at the rep shop (100,000+)BigCrippyZ got the bus to Rep Town and repped it up real bad at the rep shop (100,000+)BigCrippyZ got the bus to Rep Town and repped it up real bad at the rep shop (100,000+)
Hey! I know Nate! Didn't know he was covering this story. He usually covers music business news. Too funny.
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Old 10-26-2016, 02:49 PM   #969
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Old 10-26-2016, 02:49 PM   #970
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This guy is at the hearing live tweeting it
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Old 10-26-2016, 02:50 PM   #971
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Old 10-26-2016, 02:50 PM   #972
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This is my Wrestlemania
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Old 10-26-2016, 02:50 PM   #973
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Old 10-26-2016, 02:51 PM   #974
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Old 10-26-2016, 02:51 PM   #975
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Old 10-26-2016, 02:52 PM   #976
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Old 10-26-2016, 02:52 PM   #977
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Really should have flown out to attend.
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Old 10-26-2016, 02:52 PM   #978
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Old 10-26-2016, 02:52 PM   #979
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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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Old 10-26-2016, 02:53 PM   #980
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Really should have flown out to attend.
I guess ejaculating in court is probably frowned upon though.
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Old 10-26-2016, 02:53 PM   #981
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Old 10-26-2016, 02:55 PM   #982
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To be fair, this isn't that noteworthy since I'm pretty certain she's incapable of emoting.
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Old 10-26-2016, 02:55 PM   #983
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Really should have flown out to attend.
I seriously could've driven the less than 8 miles it is from my office if I hadn't had a conference call earlier.
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Old 10-26-2016, 02:56 PM   #984
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I guess ejaculating in court is probably frowned upon though.
Typically. Only judges and attorneys can do that.
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Old 10-26-2016, 03:00 PM   #985
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Typically. Only judges and attorneys can do that.
Fuck. Had my career counselor in high school told me this, I would have gone to law school.
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Old 10-26-2016, 03:02 PM   #986
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Fuck. Had my career counselor in high school told me this, I would have gone to law school.
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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Old 10-26-2016, 03:04 PM   #987
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Old 10-26-2016, 03:10 PM   #988
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How does TNA have money for lawyers? Would be funny if theyvhad court appointed attorneys.
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Old 10-26-2016, 03:14 PM   #989
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Old 10-26-2016, 03:15 PM   #990
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Quote:
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How does TNA have money for lawyers? Would be funny if theyvhad court appointed attorneys.
I mean...

If you're going to pay one bill, that one would have to be pretty high up on the list.
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Old 10-26-2016, 03:15 PM   #991
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Old 10-26-2016, 03:16 PM   #992
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Good will? I don't think this lawyer is familiar with TNA. Maybe he is a court appointed attorney.
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Old 10-26-2016, 03:16 PM   #993
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Old 10-26-2016, 03:17 PM   #994
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Notoriety? Maybe. Probably more accurately "ignominy"
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Old 10-26-2016, 03:17 PM   #995
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Quote:
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Is their new business model "not paying talents and only taping shows once a year?"
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Old 10-26-2016, 03:20 PM   #996
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Old 10-26-2016, 03:20 PM   #997
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Old 10-26-2016, 03:25 PM   #998
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Old 10-26-2016, 03:26 PM   #999
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Old 10-26-2016, 03:26 PM   #1000
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