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Old 04-27-2008, 08:52 PM
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Default Re: More News on Sonics Lawsuit

Quote:
Originally Posted by Kerry View Post
It is really no more simple than this - Schultz excepted payment in full and cashed the check. Once you do that you have almost no chance of getting anything back. I learned that the hard way one time and I won't make that mistake again. I bet Schultz won't either.
You sold a basketball team and had an understanding of a good faith obligation to deal with the current home city before moving and you weren't able to get your team back when you petitioned a court to place the team into a constructive trust which would in turn convey the team to local ownership who was interested in keeping the team?

Good news!
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