Bully Corgan files for lawsuit on TNA.

[Duke Silver]

It's a sad situation where no one noticed the destruction dixie put TNA in until Billy came in. Now all the guys and girls in TNA may or may not end up with a job because of Dixie's ego. If the court is blind to see this and doesn't give control to Billy, TNA is done for.

[Duke Silver]

Oct 26, 2016 12:41:37 GMT -5 BSR said:

First off. I wish a court would determine that Dixie has to pay everyone she promised money to out of her own pocket.

Secondly. I hope that not even McDonald's will hire her dumb ing ass once this is over.

She should pay Bobby Roode for screwing him when his contract came to an end and the bs they tried to pull on him. Well..all the boys too since they're not getting paid at all either. I'm glad Joe, Styles, Young, etc. went to NXT/WWE, at least they're getting paid with consistency.

[Deleted]

twitter.com/tnnaterau

live tweeting the case

[IRS]

So, TNA's lawyer basically admitted they committed fraud by agreeing to a loan that was illegal under Tennessee law? And said Corgan was compensated well by TNA? And that he only offered them a loan because it would be beneficial to him?

I guess Dixie decided to hire a close relative to take up her case.

[Deleted]

www.tennessean.com/story/money/2016/10/26/corgan-makes-case-take-over-tna/92720672/

[Zincdust]

But but but... Dixie doesn't want to look bad publicly...

[theMOESIAH]

Oct 25, 2016 22:12:42 GMT -5 deskjet said:

KILL IT ALREADY!!!

Why? This is the most interesting thing they've done in years.

Oct 26, 2016 17:21:10 GMT -5 Zincdust said:

But but but... Dixie doesn't want to look bad publicly...

She must be surrounding herself with some Vince McMahon-level yes-men.

[BASTARDKING]

Jesus Christ... This is so much of a mess..


Hate to see so many people get ed over this.

But i love seeing dumbass Dixie get what she deserves

[K5]

reading about dixie carter gives me the same feeling that arguing a really stupid human being does.

sad for the wrestlers.

[Next Manufactured’s Sweater]

Oct 26, 2016 13:25:52 GMT -5 Duke Silver said:

It's a sad situation where no one noticed the destruction dixie put TNA in until Billy came in. Now all the guys and girls in TNA may or may not end up with a job because of Dixie's ego.

Anyone in TNA from October 2002-onwards only ever had a job because of Dixie Carter anyway. She's made a lot of dumb decisions, but she gave the wrestling industry 14 years worth of jobs that it wouldn't have had otherwise.

[SmithyPlayz]

It didn't help when TNA signed loads of old legends who must of been on big money. Hogan must of been on a lot of money while Styles, Roode and Joe were getting bad treatment. Dixie should've gave the company to Corgan rather than avoiding it, now she's made it worst

[E N I G M A]

Where are we at in the case now? WHen will we get an update?

[IRS]

Oct 30, 2016 13:19:28 GMT -5 E N I G M A said:

Where are we at in the case now? WHen will we get an update?

The court is supposed to make a decision tomorrow.

[powerfred3k]

Billy if you win control, fire Dixie and all management immediately please...

[vampiroporvida]

From what I am reading, Corgan lost due to not meeting the burden of proof. Aroluxe may be able to have control.

[powerfred3k]

Oct 31, 2016 15:09:47 GMT -5 vampiroporvida said:

From what I am reading, Corgan lost due to not meeting the burden of proof. Aroluxe may be able to have control.

There is no justice in the world. Dixie ran tna into the ground, Billy bailed her out multiple times.

But cant take over even though the company is being funded on lines of credit and bail outs, ftw.

Billy, get the fight network to cut you a check and get out of this mess. You tried to help, but tna is beyond saving.

[threehgame]

If they can not afford to pay the talent or production costs how will they give Corgan his 1.8 million back as ordered? The new ownership better have deep pockets if they wish to settle all of the debts and rebuild the company......or they are buying it just to flip it to Vince.

[theMOESIAH]

Welp, here's hoping that Billy can buy TNA in the bankruptcy fire sale...

[K5]

and dixie somehow survives once again! unbelievable

[theMOESIAH]

As noted, the Chancery Court in Nashville today denied the temporary injunction Billy Corgan filed against TNA, however it should be strongly noted that the lawsuit is still active and has not been dismissed by the court, nor has Corgan withdrawn it.

Billy Corgan’s attorney, Scott Sims, told The Tennessean the following:

“Mr. Corgan understands that temporary injunctive relief is an extraordinary remedy and, due to the nature of the proceedings, he did not have full access to information in the defendants’ possession that bears on the issues in this case. Mr. Corgan looks forward to the opportunity to conduct full discovery into these matters and present his case in its entirety to the Court at a later date.”

Another important factor which still exists in the ongoing TNA drama is the fact that TNA only has until tomorrow to pay back the $1.8 million loan Corgan gave to the company. A couple things could happen with regards to the loans. TNA could pay it off by the deadline tomorrow, or they could not, which would then mean Corgan could take action on that front. Corgan could also choose to turn that debt into a 36% ownership of Impact Ventures.

In conclusion, while Corgan was unsuccessful in his bid to remove Carter and others from the company, his legal battle is far from over and it could very well continue.

Read more at www.wrestlezone.com/news/769857-why-billy-corgans-lawsuit-against-tna-is-not-yet-over-the-latest-on-todays-tna-court-ruling-and-the-big-impact-corgans-loan-could-have#XFwjZzPJJjusY05X.99