TNA October: Literally Everyone is Suing TNA

The Something Awful Forums > Discussion > Sports Argument Stadium > The Hammer House: Stinger Splash Zone > TNA October: Literally Everyone is Suing TNA

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Muddy Burphy: Dec 4, 2010; The #RXT REVOLUTION has two words for ya..
SCOOP IT!

he knows...

exploding mummy posted:

Dunn has experience in saving tapes from flaming wrecks

This is a good post

# ? Oct 13, 2016 20:42

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# ? May 22, 2024 15:39

bradzilla: Oct 15, 2004

rovert posted:

This is all hearsay and rumour. But what I heard is that TNA's books are greatly overstated. Also Dixie Carter allowed/sanctioned Gabruick to play golf/have a business meeting with Kevin Dunn to broker a tape library sale to WWE. All while Corgan was soliciting funding from investors to buy TNA in good faith.

Dixie Carter has been really deceptive basically.

lol

exploding mummy posted:

Dunn has experience in saving tapes from flaming wrecks

lmao

# ? Oct 13, 2016 20:48

neonbregna: Aug 20, 2007

Corgan is suing Dixie for the right to be dumbest money mark?

# ? Oct 13, 2016 20:48

Chris James 2: Aug 9, 2012

Peak TNA would be Corgan winning, getting the company, and having enough money to run it till the very last day of summer 2017 before he goes broke too and has to find a seller

# ? Oct 13, 2016 20:51

flashy_mcflash: Feb 7, 2011

I love this stupid company and its dimwit fans

quote:

The Miami Wrangler � 2 minutes ago
Does MVP still own half of TNA?

Chris James 2 posted:

Peak TNA would be Corgan winning, getting the company, and having enough money to run it till the very last day of summer 2017 before he goes broke too and has to find a seller

Then he sells it to Scott Weiland, who then runs out of money and sells it to the dude from Everclear. Just a never-ending carousel of 90's bands owning TNA.

# ? Oct 13, 2016 20:51

Perigryn: Oct 22, 2010; TaJaaaaadoruuuuu

exploding mummy posted:

Dunn has experience in saving tapes from flaming wrecks

Bravo

# ? Oct 13, 2016 20:52

DLC Inc: Jun 1, 2011

flashy_mcflash posted:

I love this stupid company and its dimwit fans

Then he sells it to Scott Weiland, who then runs out of money and sells it to the dude from Everclear. Just a never-ending carousel of 90's bands owning TNA.

I have some bad news

# ? Oct 13, 2016 20:53

flashy_mcflash: Feb 7, 2011

MinibarMatchman posted:

I have some bad news

oh phew, Scott Weiland's dead. For a minute I thought something happened to the Everclear guy.

# ? Oct 13, 2016 20:54

purkey: Dec 5, 2003; I hate the 90s

MinibarMatchman posted:

I have some bad news

Trying to sell to Scott Weiland in 2017 would be pretty TNA to be fair

# ? Oct 13, 2016 20:55

DoctorGonzo: Jul 25, 2016; by Jeffrey of YOSPOS

exploding mummy posted:

Dunn has experience in saving tapes from flaming wrecks

i dont understand. help me out wrestle man friends!

# ? Oct 13, 2016 21:32

Jay 2K Winger: Oct 10, 2007; What are you looking for?

DoctorGonzo posted:

i dont understand. help me out wrestle man friends!

Story goes that Kevin Dunn's father went into a burning car wreck to save some old wrestling tapes. So Vince McMahon Sr. promised him that his son would be guaranteed a job for life.

# ? Oct 13, 2016 21:42

Gavok: Oct 10, 2005; Brock! Oh, man, I'm sorry about your...

...tooth?

flashy_mcflash posted:

Just a never-ending carousel of 90's bands owning TNA.

TNA's Twitter excitedly announces for weeks that "TNA IS GOING LIVE!"

Turns out to be a swerve and we end up with Ed Kowalczyk singing "I alone own this!"

# ? Oct 13, 2016 21:42

coconono: Aug 11, 2004; KISS ME KRIS

Gavok posted:

TNA's Twitter excitedly announces for weeks that "TNA IS GOING LIVE!"

Turns out to be a swerve and we end up with Ed Kowalczyk singing "I alone own this!"

he pays everyone by tossing rolls of pennies at them.

oh hey, barkeep just flashed the lights, I gotta go. Tip your waitress.

# ? Oct 13, 2016 21:48

CobiWann: Oct 21, 2009; Have fun!

coconono posted:

he pays everyone by tossing rolls of pennies at them.

# ? Oct 13, 2016 21:52

DoctorGonzo: Jul 25, 2016; by Jeffrey of YOSPOS

https://www.youtube.com/watch?v=floQKufornI Die already TNA. Just die already.

# ? Oct 13, 2016 22:09

corn in the bible: Jun 5, 2004; Oh no oh god it's all true!

If Dixie's deal with WWE would stop them from being able to run as a wrestling company then Corgan would have grounds to sue since he can argue that they're not serving the best interests of him as a major stockholder. It doesn't matter that he's not the majority.

# ? Oct 13, 2016 22:16

Rick: Feb 23, 2004; When I was 17, my father was so stupid, I didn't want to be seen with him in public. When I was 24, I was amazed at how much the old man had learned in just 7 years.

Thank you to Broken Matt Hardy for getting me to pay attention to TNA again just in time to be entertained by all of this.

# ? Oct 13, 2016 22:18

rovert: Jun 10, 2013

https://twitter.com/wordsbig80s/status/786658554837078020

# ? Oct 13, 2016 22:54

oatgan: Jan 15, 2009

the hits keep coming

http://www.pwinsider.com/ViewArticle.php?id=105355

Mike Johnson posted:

I noted in my earlier stories about the Billy Corgan lawsuit against TNA that I reached out to TNA PR for a comment. As it turns out, I was told by Eric Barnes, who held the position of Sr. Director Consumer Engagement and Integrated Communications for the company, that he had departed TNA a month ago. I was told that my request for comment was forwarded onto TNA, however. PWInsider.com has yet to hear back from the company.

***

Also interesting to note that TNA's former production company, Audience of One Productions, LLC in Virginia filed a lawsuit on 9/27 in the U.S. District Court, Eastern District of Virginia against TNA parent company Impact Ventures LLC, TNA minority owner Aroluxe LLC, TNA Chief Financial Officer Dean Broadhead and Ronald Dean Harris (aka Ron Harris of the Bruise Brothers).

This lawsuit is seeking seeks $223,000 plus interest and post-judgment costs for breach of contract, fraudulent inducement on the behalf of Harris and Broadhead, torturous interference on behalf of Aroluxe and for the defendants violating Virginia code.

The lawsuit states that TNA began conversations with AO1 Productions in 2015 about "a possible long-term, multi-event, production services agreement, pursuant to which AOl would provide a variety of production services for live TNA professional wrestling events, including audio/visual and broadcasting work, lighting, set construction and breakdown, as well as retention and payment of audience "wranglers" (personnel who would patrol the crowd and try to engage audience members with the event), among other things."

The lawsuit states that before and during the negotiations between the two companies, TNA production was overseen by Ron and Don Harris and "Upon information and belief, the Harris Brothers were not providing sufficiently high-quality production work to TNA, despite their industry experience. AOl understood that one of the reasons TNA initially sought a long-term business relationship with AOl was [Dean] Broadhead's dissatisfaction with production services work previously provided by the Harris Brothers."

The two sides began working together specifically on Universal Studios tapings, with the lawsuit alleging that "Broadhead and Ron Harris consistently represented to AOl that these two events were the first of many and that TNA and AOl were on the verge of a long and fruitful relationship." TNA came to AO1 and hired them to produce the 2015 Bound for Glory PPV, despite the fact that "TNA was apparently in dire financial straits at the time of these negotiations, with reports in the media suggesting that, among other financial woes, TNA was behind on paying some of its key "talent," i.e., wrestling personnel."

After the show, A01 billed TNA for $223,000 for services rendered in October. The following month, the lawsuit alleges that Broadhead, in an email to A01, stated that TNA was working on finalizing a new TNA deal that would put the company in 80 million homes and stated, "We are planning to go back into Universal Studios in 2016 and get back on the right track with our production. Please, please hang in there with us. We will come out of these difficult times in a much better position as a company and a partner." A01 alleges this email was sent to prevent them from moving to more aggressive collection attempts on the money owed.

The lawsuit alleges that A01 sent a second invoice, including a 1.5% late fee in November, which led to Ron Harris requesting an itemized invoice before A01 could be paid. The communications included discussions on a new set design, A01 alleges in their lawsuit that TNA was having discussions with other vendors at the same time.

In January 2016, A01 reduced the amount TNA owed them by $29,001.57, noting that that amount was removed as Dean Broadhead directly paid some of the independent contractors who had worked on Bound for Glory production, so A01 no longer needed to pay those contractors themselves. A01 alleges in the lawsuit that TNA made those payments directly to insure that those contractors would continue to work for TNA after TNA cut ties from A01.

The lawsuit also alleges that Broadhead opened into discussions with Jeff Wade, the owner of A01, regarding a payment plan to begin to reimburse A01 for money owed from the Bound for Glory event. Based on the agreement, the money would be paid in monthly installments starting in March 2016 through August 2016, and that TNA stated they were "on track" to begin to make payments. However, the lawsuit alleges, "Upon information and belief, TNA's financial troubles had become increasingly severe by this time. Yet, here again, Broadhead, who would have been intimately familiar with those financial troubles, failed to share any relevant information with AOl, which, for its part, continued to negotiate in good faith with TNA and Broadhead over repayment terms for the BFG Event."

The lawsuit claims that in March 2016, "Aroluxe provided some form of financing to TNA which, upon information and belief, was sufficient to allow TNA to continue operating for the foreseeable future. This financing was secured with a lien on all or nearly all of TNA's assets, including, but not limited to, all accounts receivable as well as all fixtures, inventory, and equipment."

The lawsuit then alleges that financing "gave Aroluxe and, by extension, the Harris Brothers, two of Aroluxe's principals, considerable incentive to oversee and coordinate TNA's financial affairs going forward." on 3/18/16, TNA was to wire the first payment but 12 hours later, Broadhead told A01 that the company could not wire the money. The money was later received via FedEx. The lawsuit alleges, "Upon information and belief, this failure to make a timely wire transfer to AOl
resulted from intervention by Aroluxe and/or Ron Harris who, at this point, had every incentive to disrupt and delay payments to AOl so that other creditors could be paid sooner."

From that point on, TNA did not respond to invoices regarding money owed to A01, according to the lawsuit.

The lawsuit claims that as of June 2016, "Aroluxe, through two of its principals, the Harris Brothers, was handling TNA's production efforts and administering its accounts payable, presumably because of the prior infusion of capital by Aroluxe, which was reportedly keeping TNA afloat."

The suit alleges that Broadhead and Harris were responsible for dragging out payment with false promises of future work as a way to get AO1 to agree to the repayment plan, which TNA did not maintain.

Court records do not note whether TNA or the other named defendants have responded to the lawsuit as of this writing.

# ? Oct 13, 2016 22:57

Shayna Baszler: Oct 24, 2001; i'll always take care of you; Muldoon

Audience of One

# ? Oct 13, 2016 23:04

Glass Punkbull 141: Jan 9, 2008; This is the face of a winner. This is what winning looks like.

Brock Lesnar posted:

Audience of One

Dixie Carter

# ? Oct 13, 2016 23:05

HOTLANTA MAN: Jul 4, 2010; by Hand Knit; Lipstick Apathy

People still FedEx money?

# ? Oct 13, 2016 23:06

DoctorGonzo: Jul 25, 2016; by Jeffrey of YOSPOS

A second lawsuit has hit TNA.

# ? Oct 13, 2016 23:09

DJExile: Jun 28, 2007

HOTLANTA MAN posted:

People still FedEx money?

Fedex'd a check most likely. They coudl track delivery but it'd give them a couple days to make sure they had money in the account.

In effect, it's a round-about way of post-dating a check.

# ? Oct 13, 2016 23:15

dsriggs: May 28, 2012; MONEY FALLS...

...FROM THE SKY...

...WHENEVER HE POSTS!

DoctorGonzo posted:

A second lawsuit has hit TNA.

Watch Dixie start to bawl.

# ? Oct 13, 2016 23:17

Evil Badman: Aug 19, 2006; Skills include:
EIGHT-FOOT VERTICAL LEAP

Who wants honey
As long as there's some money
Who wants that honey?

# ? Oct 13, 2016 23:37

dsriggs: May 28, 2012; MONEY FALLS...

...FROM THE SKY...

...WHENEVER HE POSTS!

Mecca's moved onto the denial stage

quote:

EliDrakeDummyYeah � 2 minutes ago

The only thing that makes me think it's not a work, is that I can't imagine the courts going along with it.

quote:

BigDawg801 Moderator � 3 minutes ago

Where's the proof of a legit court proceeding? I'm skeptical.

# ? Oct 13, 2016 23:42

Raskolnikov38: Mar 3, 2007; We were somewhere around Manila when the drugs began to take hold

dsriggs posted:

Mecca's moved onto the denial stage

lmao

# ? Oct 13, 2016 23:43

EugeneJ: Feb 5, 2012; by FactsAreUseless

dsriggs posted:

Mecca's moved onto the denial stage

# ? Oct 13, 2016 23:43

Gavok: Oct 10, 2005; Brock! Oh, man, I'm sorry about your...

...tooth?

dsriggs posted:

Mecca's moved onto the denial stage

Freak out
And give in
Doesn't matter what you believe in

# ? Oct 13, 2016 23:51

corn in the bible: Jun 5, 2004; Oh no oh god it's all true!

delete tna

# ? Oct 13, 2016 23:52

DJExile: Jun 28, 2007

dsriggs posted:

Mecca's moved onto the denial stage

Aaahahahaha

# ? Oct 14, 2016 00:00

Vengeance of Pandas: Sep 8, 2008; THE TERRIBLE POST WENT THATAWAY!

https://twitter.com/tnameccaquotes/status/786701153853734913

# ? Oct 14, 2016 00:11

DJExile: Jun 28, 2007

Never change, tnamecca :allears:

# ? Oct 14, 2016 00:14

BrigadierSensible: Feb 16, 2012; I've got a pocket full of cheese🧀, and a garden full of trees🌴.

I really want a TNA T-Shirt now. You know, as a memento of this failed stupid retarded company.

But I am worried, with it dying will they be liquidating all stock and as such I could get one cheap, or more likely, they are too incompetent to even sell me a shirt and ship it to me, (I live outside North America).

# ? Oct 14, 2016 00:22

rare Magic card l00k: Jan 3, 2011

Never die TNA.

# ? Oct 14, 2016 00:29

flashy_mcflash: Feb 7, 2011

BrigadierSensible posted:

I really want a TNA T-Shirt now. You know, as a memento of this failed stupid retarded company.

But I am worried, with it dying will they be liquidating all stock and as such I could get one cheap, or more likely, they are too incompetent to even sell me a shirt and ship it to me, (I live outside North America).

My dude,
http://shoptna.com/jeff-jarrett-autographed-laser-engraved-guitar.aspx

# ? Oct 14, 2016 00:42

neonbregna: Aug 20, 2007

Vengeance of Pandas posted:

https://twitter.com/tnameccaquotes/status/786701153853734913

I really want Dixie and Billy to work themeselves into a shoot that involves the courts

# ? Oct 14, 2016 00:48

Chris James 2: Aug 9, 2012

Bix!
https://twitter.com/davidbix/status/786730629404717056
https://twitter.com/davidbix/status/786732769208565760?s=09

# ? Oct 14, 2016 02:17

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# ? May 22, 2024 15:39

super macho dude: Aug 9, 2014

The Harris Brothers are laughing all the way to das kreditinstitut

# ? Oct 14, 2016 02:17

The Something Awful Forums > Discussion > Sports Argument Stadium > The Hammer House: Stinger Splash Zone > TNA October: Literally Everyone is Suing TNA

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