Part V Phoenix Coyotes post bankruptcy UPD Reinsdorf out? IEH back in? else Winnipeg?
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05-02-2010, 11:01 PM
Join Date: Apr 2010
Originally Posted by
In thinking that the clause would be pointless, you are for some reason making the assumption that the clause is in there for the benefit of and at the request of Reinsdorf.
Here is something that might help you think about this in a different way. Most leases and other services agreements of this nature include restrictions on transfer. Lessees cannot simply elect to transfer their obligations to someone else without the consent of the lessor.
Again with the misdirection. The clause would be pointless if JR had no way to release himself from the lease obligation. He is guaranteed $103 million from a new buyer that CoG finds, or? What's the OR here? If there isn't an out clause why would CoG need to do anything? JR would be bound by the lease for the entire 20+ years. Are you sure you don't just like to argue?
I am sure you will respond with more rhetoric that mischaracterizes my comments, as usual. This time I will just ignore you.
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