All of what you say is true, but it is sad that The UPA that sanctioned the EVENT, apparently did not make an effort to collect the Moines owed the TD, Players, and People who got rubber checks.
IMHO if an organization sanctions an event they should be responsible for the people getting paid also.
The Phoenix Coyotes Hockey Franchise apparently went BANKRUPTED, but the NHL who sanctions Hockey came in, took over the Phoenix franchise, people are still getting paid, while the NHL finds a new owner who want to keep the Franchise in the Valley of the Sun.