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Corgan's alleging breach of his investment contract and that his investment deals with TNA would allow him to take over Dixie's ownership stake should they default on his repayments.
He's now alleging that they did default on his repayments, he attempted to exercise his right to take over TNA and they ignored him, then TNA proceeded (and failed) to attempt to sell TNA's most valuable asset (i.e. TNA's tape library) to WWE, which under his investment contract, he now has the contractual right to control TNA, they did without his inclusion or permission, as well as blocking him from running TNA's daily ops as President.
He's also alleging that TNA/Dixie fraudulently mislead him by intentionally failing to disclose TNA's true financials/debts in order to get him to sign the investment agreement.
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