Snapshot9 said:
I think you are giving KT way way more credit than he would have in a court of law, and I say this with having a big brother that has practiced law for almost 40 years. Oral contracts DO stand up in a court of law, and the libelity of them, as well as written contracts. Kt was so oral and public that he could be held accountable for such, as well as his failures to meet such obligations. I don't see where you get the libel from the players on KT?????
I suspect strongly that KT is not near as solvent as what he leads people to believe, and if he can't afford to pay the players, how could he afford thousands for a lawyer(s)? Besides many lawyers would take the case for the players based upon a contingency fee of the judgement,and the players could recoup all their costs from KT. The normal fee a lawyer charges in a lawsuit is usually 33% of the judgement.
And BTW, where has 'NYC Dude' been, I would like to hear what he has been doing lately for the players, and the supposed lawsuit he was supporting?
And people everywhere go to prison everyday for BAD JUDGEMENT!!!
I have a friend who got into a thing with Wayne Huizinga over the use of the name Blockbuster. He opened a place called "Blockbuster Pizza". In a short time he got a letter from Wayne Huizinga's lawyers saying he could not use the name. He decided to make a public issue out of it and brought it to the local paper and got some free publicity. He would no take down the sign and change the name and this went on for a while.
He got a few more letters from Wayne Huizinga's lawyers and was enjoying the attention, as it was bringing people into his new business. After a few months he got dragged into court where a judge ordered him to change the name. Thinking he was cute he changed it to "Buster Blocks Block Busting Pizza". More letters from Wayne Huizinga lawyers and the judge ordered him to change the name again. This time he did it right and changed it to "Jail House Pizza" since he was near the city jail.
He thought it was over and he had gotten some free publicity till about a month later when he got a letter from Wayne Huizinga's lawyers again for legal fees. They were asking him for over $40,000 in legal fees he had caused Wayne Huizinga to have to spend. He got himself an attorney and found he was liable for the costs and if he tried to fight the bill taking it to court, it would just get bigger plus his own legal costs now and it could easily top $100,000 all together. Long story short, he had to sell his new restaurant to get himself out of all this mass, that in the beginning he thought was just a big joke. Point is, if the players do anything to cause KT to have to defend himself, they "BETTER" win.
KT has a history of counter suing people who drag him into court or liable him in any way. I will repeat myself, KT is not a guy to be screwing with. Take what he would be willing to settle for and end this. These players are mostly bums who don't have five cents to be getting involved in this kind of crap. If you think KT can't defend himself, check out who represents him.
By the way, in court, KT has plenty or credit in the eyes of a court. He has paid out millions of dollars, has done nothing to avoid paying, other then being slow, and HAS been paying, amounting to almost 50% so far. Any lawsuit would be completely frivolous at this time and thrown out of court. He is guilty of nothing other then making bad business decisions. He isn't even trying to avoid paying even though he has lost millions.
KT is gold in the eyes of a court of law. Most of the time it takes years for people to get paid if ever from a failed business and court orders are involved. KT has paid 50% so far out of his own pocket to cover the failed business and there is no reason to believe he won't pay everything and it has only been a few months. It takes longer then that to get paid by the post office when they lose a package.
I have to come back and say this. It seems like when I comment anymore it is in some kind of defense of KT. But to be honest, as often happens KT has managed to make himself the victim here and I believe from the outside would be viewed that way. He is the giant loser no matter how you look at it, trying to do the right thing as best he can. Obviously, we don't actually believe that, but that is the way it will look to someone on the outside.