He probably presented a prospectus based on figures he was told by McLane and Comcast (the party with the industry knowledge and experience). In fact, those are pretty much the allegations.
I won't pretend to know what Crane was told, or what he actually thought, or whatever But, if he really DID think he was going to be getting 100 million + per year in local TV revenue, and the reality is going to be much less. Maybe he won't be interested in being the long time owner of this franchise?
Of course you do. Remember that Judge Hughes said that without the benefit of reviewing any of the documents and no discovery being done. In other words, he was talking out of his ass.
I know you wanted him and Isgur to throw the case out and they didn't . It looks now that they were right and there is light at the end of the tunnel. Judge Hughes has been priivy to more than you or I have. It's a monumental stretch to think that Crane would have signed off on a deal of that magnitude without receiving the documentation that he requested. All that Crane has offered up as proof this far is his opinion and not much else. Crane's making the accusation here and I'd like to see some solid proof before believing someone desperate atttempt to save face with his shareholders.
Hughes hasn't been privy to all that much, because the discovery hasn't been done. As for wanting to see solid proof...well...yeah. That's how lawsuits work. The burden of proof is on Crane. If he has enough evidence to support his claim, he will win. If not, he will lose. A real trick will be selecting a jury. There are too many people who have made up their mind without the benefit of any evidence.
I think it won't be hard to find people who don't give a crap about the Astros or Comcast..... Judge Hughes is not a sports guy at all and I'm sure we could find others like him.
Judge Hughes expressed a very strong opinion without the benefit of having the evidence and testimony. Using him as an example of somebody with no preconceived notions is a bad idea.
There is a hearing on Sept 4. I would expect some pleadings to be filed in advance of that hearing. There may not be a whole lot of movement until those pleadings start being filed.
Do you remember reading when the drop dead deadline for this deal was? I though I recalled seeing it in what was filed. Also, does anybody know if the teams will receive past due rights fees? I didn't see anything about it, and it seemed like the rights fees were renegotiated.
Both Judges had concerns with Crane's intentions in this matter. It's not real hard to figure out that a guy who hasn't uttered anything but anecdotal evidence to support a far fetched notion that he was duped in to being guaranteed rates that came attached with a MFN clause is full of it. It wasn't read hard to figure out that the Astros on MLB TV had much of a chance either. Or that the Astros pitiful record the last few years had an effect on the offers from providers (as was confirmed recently).
It also isn't hard to figure out that deciding that a lawsuit is without merit before seeing the documents and hearing the testimony is called having a preconceived notion. That is exactly what we try to avoid in juries.
Cool, thanks for clearing that up for me I've been wondering for the past couple of years who you thought was to blame, and now I know What a productive day it has been for me
Avoiding bias in juries isn't an expert opinion, it is 5th grade civics. Hughes knows this and also knows that he can make whatever off the cuff remarks he wants because he has a lifetime appointment and will also never be asked to decide this case. Do you even believe the crap that comes from your keyboard?
I think the drop dead was satisfied upon the filing of the plan. AT&T and DTV both knew that the court would have to approve the deal.
So if he can make off the cuff comments, just like any of us can who are NOT deciding the case, why are you whining about him offering up his opinion that summed up an obvious situation? You are the only expert calling him out. You owe it to Jimmy to call that fool Hughes out. As many times as you have been wrong, I sure don't believe what comes from your keyboard. You understand the process of law but sure can't see past your own bias toward the Astros to rationally assess the situation.