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Old 04-24-2011, 02:28 PM   #1621
afc wimbledon
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Glendale and the NHL would argue the opposite.

Parking rights were assigned in the original MUDA - Mixed Use Development Agreement - to originally build up the area, dated 2001 and transferred from Larry Elman to Jerry Moyes in 2006. The document is here:

http://docs.bmcgroup.com/phoenixcoyo...488_1159_2.pdf

Parking rights in this case have no term and do not die with an arena lease, therefore did not die with the lease in bankruptcy court.

Not being a lawyer I can't be sure, but this document seems to pertain to parking naming and advertising rights and, at one section clearly states the city agrees to make portions of the parking lot available for the other party to put up signage etc as long as the other party makes equivalent parking spaces available.

It doesn't appear to transfer the parking revenue rights (essentially the ownership of the parking lots) over at all, which is probably GI's argeument.
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