Thursday, September 30, 2004
Robin Costa loses the first round:
A Nashville Probate Court judge has ruled that the transfer of the Maddox Foundation from Nashville to Hernando in 1999 was illegal and that the $100 million foundation should be returned to Middle Tennessee.
The ruling appears to be the opening foray in what could be a protracted court battle involving not only the foundation and its activities, but the judiciaries of Tennessee and Mississippi.
I assume this thing will drag on for several years, but how does it affect the RiverKings right now?
A Nashville Probate Court judge has ruled that the transfer of the Maddox Foundation from Nashville to Hernando in 1999 was illegal and that the $100 million foundation should be returned to Middle Tennessee.
The ruling appears to be the opening foray in what could be a protracted court battle involving not only the foundation and its activities, but the judiciaries of Tennessee and Mississippi.
I assume this thing will drag on for several years, but how does it affect the RiverKings right now?
# posted by JC @ 2:02 PM 
