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Maryland judge rules terms of contract were breached

By TIM TUCKER

The Atlanta Journal-Constitution

Published on: 06/09/06

Estranged part-owner Steve Belkin is entitled to buy out his partners and take over the Hawks and Thrashers, according to a Maryland court ruling issued late this afternoon.

Montgomery County (Md.) Circuit Court Judge Eric Johnson found that the teams' seven other owners breached the terms of an agreement to buy out Belkin and thus triggered his right to buy them out at cost instead.

The judge also said in the ruling that his finding "will render moot all remaining claims" in the lawsuit, and he dismissed all other counts in the case.

* * * * *

My worst fears are realized. Holy #*$*. We are #*$*ed.

Please buy this man out immediately, whatever it takes.

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Weird! What else can I say ??? Appeals ??? Yep ...

But, meanwhile, Guess what. Hawks and Thrashers now have

ONE OWNER who, we believe is unliked by ANY one in either

orginization, the NBA commisioner or any of the fans of

either team, as far as I know.

Guess the teams will be moved out of Atlanta now, the

assets here sold and everyone left high and dry.

New coaches, managers, the work, in a new location, if possible.

Oh well, so much for our Atlanta teams.

Braves are being sold {And loosing every night} but we

still have the Falcons.

frown.gif

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Guess the teams will be moved out of Atlanta now, the assets here sold and everyone left high and dry.

New coaches, managers, the work, in a new location, if possible.


Coaches, managers, etc. he can clear out immediately if he wants and has control.

I don't know that he can move the teams or whether his hands are tied due to them being handcuffed to Phillips arena.

What a dumb ass contract. Belkin outsmarted the Atlanta Spirit group on every step of this one.

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Maryland judge rules terms of contract were breached

By TIM TUCKER

The Atlanta Journal-Constitution

Published on: 06/09/06

Estranged part-owner Steve Belkin is entitled to buy out his partners and take over the Hawks and Thrashers, according to a Maryland court ruling issued late this afternoon.

Montgomery County (Md.) Circuit Court Judge Eric Johnson found that the teams' seven other owners breached the terms of an agreement to buy out Belkin and thus triggered his right to buy them out at cost instead.

The judge also said in the ruling that his finding "will render moot all remaining claims" in the lawsuit, and he dismissed all other counts in the case.

* * * * *

My worst fears are realized. Holy #*$*. We are #*$*ed.

Please buy this man out immediately, whatever it takes.


No amount of corn dogs in the world can alleviate the pain in my heart and soul.

frown.gif

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however......
let's see how this one plays out before we get too upset. this can go any number of ways.


Well let's play out some of these situations...just for the sake of our sanity.


Well, first off, there will be champagne corks popping at the BK-haters' houses.

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