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?
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