It was news about a few months ago that TNA were in a hell of a lot of trouble with lawsuits, It seems they are sorted now.
Multi-Billion dollar company, American Express had filed a lawsuit back in July, but the case didn’t get any media attention until October, when everyone started searching public records databases for TNA-related cases. The majority of the bill was incurred by Shane Emerson, TNA’s Director of Live Events. The account was closed in May, but American Express did not submit any documentation to indicate how long TNA had been delinquent up to that point. TNA travel was being charged to the personal cards of employees after the corporate accounts were cancelled.
Hopefully with the transfer of ownership of TNA, the company can start going up again.
What are your guy’s opinion on this? Let me know in the comments!