3 Comments
User's avatar
тна Return to thread
Jeff Pewe's avatar

So Jon, we have a legal system based upon enforcement of contractual obligations and/or requiring financial accountability for actions which damage others---where does a "$300 plus million" gift fit into that framework from your perspective?

Expand full comment
jon joseph's avatar

Jeff, the suit brought by the Pac-2 made No Claim for Damages. The Pac-10 departees all left at a time when there were no Exit Fees to be paid under a contract that had run its course.

This was 10 'leaders' who did moronic things to destroy the Pac-12 making a moronic 'settlement," No matter the Washington state court decision, the Pac-10 filing Chapter 7 would not have been tossed out of a federal court because no 'board members' voted to file BK.

How much of the playoff money the Pac-2 received, $113M of which went toward becoming the Pac-6, did the Pac-2 earn?

You want it both ways. Destroying the Pac-12 was criminal but destroying the MW and likely the Big Sky is kosher?

But I agree with Jean Southward. All the best to the Pac-Whatever; Next Case.

Expand full comment
Jeff Pewe's avatar

I agree that they did not sue for damages; rather they sued to enforce contractural obligations (and fiduciary obligations). Simply stated, the 10 left, and the remaining 2 owned the entity and its assets. And that brings me back to my original pointтАФthere was no тАЬgiftтАЭ from a legal, equitable, moral or any other way which you attempted to characterize it.

Expand full comment