PDA

View Full Version : Dayton to investigation Wilfs



singersp
08-09-2013, 08:15 AM
Lawsuit prompts Dayton to seek investigation into Vikings owners

Lawsuit prompts Dayton to seek investigation into Vikings owners | Daily Globe (http://www.dglobe.com/node/1567288)

singersp
08-09-2013, 09:29 AM
Minnesota Vikings Stadium Deal May Be Delayed Over Fraud Judgment

Minnesota Vikings Stadium Deal May Be Delayed Over Fraud Judgment (http://whodatdish.com/2013/08/08/minnesota-vikings-stadium-deal-delayed-over-fraud-judgment/)

vikinggreg
08-09-2013, 12:14 PM
Minnesota Vikings Stadium Deal May Be Delayed Over Fraud Judgment

Minnesota Vikings Stadium Deal May Be Delayed Over Fraud Judgment (http://whodatdish.com/2013/08/08/minnesota-vikings-stadium-deal-delayed-over-fraud-judgment/)
Generally I don't read my news from a Saint's fans site but when it comes to corruption there really aren't any folks that know it better then those in the Big Easy, or in the NFL then the Saints (coaches sneaking drugs, bounties, buying supe..) but then when you roll in the author...whodat...its MacGyver!!!

tastywaves
08-09-2013, 12:34 PM
Generally I don't read my news from a Saint's fans site but when it comes to corruption there really aren't any folks that know it better then those in the Big Easy, or in the NFL then the Saints (coaches sneaking drugs, bounties, buying supe..) but then when you roll in the author...whodat...its MacGyver!!!

I see they didn't read the articles very well:

The Washington Post suggested that the ruling “will not affect the team’s finances”, but the owners assets are the teams finances. With the plaintiffs seeking more than $50 million in damages and the Judge talking about triple damages Zygi Wilf could take quite a hit. To clarify the “delay issue” a bit the Stadium itself is still scheduled to to open in 2016, but if the governor gets his way the stadium deal itself and the state money will be delayed until all the details are carefully scrutinized.

The $51M only comes into play if they get triple damages on the RICO charge. The actual dollars with interest that the plaintiffs feel they are owed is closer to $20M and only a portion of that potentially qualifies for the triple damages. Be sure that every amount of upsizing on every damage charge is being maxed out by the plaintiffs lawyers.


The plaintiffs’ lawyers said Halpern is owed $7 million and Reichmann is owed $13 million, but they are seeking triple damages under the state’s racketeering statute.

The Wilfs’ lead attorney, Sheppard Guryan, said the Wilfs owe Reichmann just $430,000, while Halpern actually owes the Wilfs $6 million.


As a defendant, you never want to be tried by a judge who is retiring. This is where power really comes into play. They have no one to answer to at this point.

vikinggreg
08-09-2013, 05:52 PM
I see they didn't read the articles very well:


The $51M only comes into play if they get triple damages on the RICO charge. The actual dollars with interest that the plaintiffs feel they are owed is closer to $20M and only a portion of that potentially qualifies for the triple damages. Be sure that every amount of upsizing on every damage charge is being maxed out by the plaintiffs lawyers.




As a defendant, you never want to be tried by a judge who is retiring. This is where power really comes into play. They have no one to answer to at this point. But its MacGyver that wrote it.....he can make shit up out of nothing :)

Minniman
08-09-2013, 10:11 PM
Funny how this lawsuit goes through, but there is no RICO suits filed against the too big to fail banks that lied to investors, cheated shareholders, forged legal documents, and more. I do not know about the Wilfs, but I really get upset that monied interests get away with so much in our blind legal system.