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Originally Posted by Resolute 14
Heh. In this case, it is more like arguing that borrowing a car is legal.
Lets face it, if the $25 million payout was illegal, GWI would have been all over it a year ago. Unless they decide to take the plunge and find out for sure, the argument that this deal constitutes an illegal gift is nothing more than wishful thinking.
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It's also possible that GWI didn't take the plunge last time as they were saving their bullets for another fight, namely the bond issue. With that out of the way for the time being maybe they do take action this time around. There's a lot of strategizing going around in that camp, I'll certainly give credit where it's due, they've been quite clever. I'm still not sure their argument would be a win, and it's definitely not a slam dunk, but it might have some merit. The posturing from them has gotten quite tiring so it would be nice to see them actually put their claims to the test.