P
I wish i could see that. Hopefully if i quote you i will be able to. That sometimes happens.
i just added some law books in his claw hehLegend, thy name is whale.
That's the greatest thing since the Dick Cheney shops!i just added some law books in his claw heh
What if they only bought all of the fighter's contracts?It depends on exactly what is sold. If Zuffa is sold the answer is yes, the new shareholders inherit the liability of the lawsuit against it. If, on the other hand, certain assets are disposed of it may be possible to structure sale in a way that new ownership is not responsible for the underlying litigation.
There are ways for Zuffa to dispose of assets so that the purchaser does not attract liability. The question is why would Zuffa want to do that? They would have no interest in selling their valuable assets (ie current fighter contracts) while keeping the liability from their company's past actions. Zuffa would presumably want to sell it all, assets and liabilities. Any prospective purchaser would need to make a business decision about the financial drawback of the ongoing litigation and assess the company's net worth accordingly.What if they only bought all of the fighter's contracts?
I didn't consider the fact that someone has to be liable. Selling a business can't erase a suit. This is all a very interesting development.There are ways for Zuffa to dispose of assets so that the purchaser does not attract liability. The question is why would Zuffa want to do that? They would have no interest in selling their valuable assets (ie current fighter contracts) while keeping the liability from their company's past actions. Zuffa would presumably want to sell it all, assets and liabilities. Any prospective purchaser would need to make a business decision about the financial drawback of the ongoing litigation and assess the company's net worth accordingly.
Bad, very bad.Say this goes down.
How do you see this effecting the sport overall?
Well done Sir! I'll make that my new business cardi just added some law books in his claw heh
Some people say that the Fertitta's want to buy an NFL team. UFC's current valuation is very high.Anyone know why they'd be looking at selling? Is business getting that bad?
I do think it's sad. I know everyone here is anti-Zuffa, but the fact is they put in a lot of work and have taken MMA to where it is today.
To clarify, I'm not anti zuffa. I'm anti bully, anti liar, and anti thief. If zuffa stopped practicing the traits of swindlers, I'd be on board.Anyone know why they'd be looking at selling? Is business getting that bad?
I do think it's sad. I know everyone here is anti-Zuffa, but the fact is they put in a lot of work and have taken MMA to where it is today.
Hahah bro if you're looking for honest fight promoters, good luck! It's a dirty game.If zuffa stopped practicing the traits of swindlers, I'd be on board.
So are you saying that because the majority does something wrong it makes it right?Hahah bro if you're looking for honest fight promoters, good luck! It's a dirty game.