On Monday, Nate Rau from the Tennessean newspaper in Nashville, who’s done a great job covering TNA’s legal issues in recent weeks, published his own story on the ruling against Billy Corgan earlier in the day. In the process of writing the article, he got a statement from Scott Sims, the lawyer for Billy Corgan, which reads as follows:
Mr. Corgan understands that temporary injunctive relief is an extraordinary remedy and, due to the nature of the proceedings, he did not have full access to information in the defendants’ possession that bears on the issues in this case. Mr. Corgan looks forward to the opportunity to conduct full discovery into these matters and present his case in its entirety to the Court at a later date.
Analysis: This isn’t necessarily double talk. As noted in our summary of the ruling, the judge conceded that as this early juncture, evidence was inconclusive when it came to showing whether or not TNA misled Corgan in the process of trying to get him to put money into the company. Just because there wasn’t enough to get an injunction doesn’t mean that, with Corgan able to get full discovery (document production, conducting depositions, etc.) he couldn’t get a clearer picture later.
Yes, TNA sent Corgan a whopping 14,000 pages of documents already, but that’s been perceived as more of a move to stall him, even if it did include some incriminating evidence. If he doesn’t already have everything he needs from that, he’ll get it in due time, along with the ability to get testimony under oath about it from Dixie Carter and all of the other key figures in TNA.
