Madoff bankruptcy trustee increases his claim against Wilpon and friends: to one BILLION dollars
You can ask for anything you want in a complaint, but when you start off by asking for $300 million from the Wilpons and Saul Katz, and then increase your demand to one billion, one would assume there’s a reason for that:
That’s from the press release announcing the amended complaint. If SNY is somehow brought into this lawsuit and somehow encumbered, it’s major trouble for the Wilpons, as the network is probably more valuable to them than the Mets are.
Now, I shall go refresh the New York Times web page until I see some great pro-Picard spin, and refresh the Daily News until I see some great pro-Wilpon spin. Meanwhile: certain commenters who tend to be pro-Wilpon in these matters: please explain to us how this is no big deal.
UPDATE: I received an email from the Wilpons’ and Katz’s P.R. people, with statements from both Fred Wilpon and from the New York Mets. Here’s Wilpon’s statement:
And here’s the statement from David Cohen, the General Counsel of the Mets:
A press release from the plaintiff and Official Statements from the defendants ain’t exactly the most efficient way to get to the truth of the matter, but I suppose that’s what the courts are for.
Good luck, gentlemen! We’re all watching!