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Old 05-01-2011, 02:19 PM   #1874
afc wimbledon
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Originally Posted by valo403 View Post
Your understanding of the legal issues involved here is completely non-existant. Personal responsibility for actions as a government official applies in situations where people act clearly outside of their powers. Nothing about this falls into that area. Your argument would get you laughed out of court.

You're right though, you can buy insurance for anything. But buying insurance for a debt of $25mil, that is evidenced by a fully executed contract would cost you $25mil. It's not dischargable simply because there was litigation.
As Trew has pointed out the arguement is moot if the money went into escrow, ignoring that though for the sake of conversation, if the 25 million was deemed to be a gift and payment stopped by court order how would the NHL get its money then?
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