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re: Benson's daughter and grandkids requesting a competency ruling on Tom

Posted on 1/22/15 at 9:40 pm to
Posted by touchdownjeebus
Member since Sep 2010
24849 posts
Posted on 1/22/15 at 9:40 pm to
VOR, how will they overcome the irrevocable trust though? Pulling the teams' assets and writing an IOU is not going to hold water, right?
This post was edited on 1/22/15 at 11:55 pm
Posted by VOR
Member since Apr 2009
63747 posts
Posted on 1/23/15 at 7:34 am to
quote:

VOR, how will they overcome the irrevocable trust though? Pulling the teams' assets and writing an IOU is not going to hold water, right?


I'd like to know the full language of the trust rather than the excerpts in the petition.
Posted by Galactic Inquisitor
An Incredibly Distant Star
Member since Dec 2013
15321 posts
Posted on 1/23/15 at 9:46 am to
quote:

Pulling the teams' assets and writing an IOU is not going to hold water, right?


Especially when it looks like the value of the IOU is about 10% of the actual value of the franchise. I think the problem that the trust has is that the growth of the teams is far outpacing any other investment options that could be made with a cash replacement.
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