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BE Considering Legal Action
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[QUOTE="Townie72, post: 40694, member: 780"] Too bad Skadden, Arps isn't listed on NYSE. Skadden, Arps is the super-big, super-pricey Wall Street law firm that represented the Big East in the 2004 legal action. They billed the Big East millions and millions of dollars. In the end, the three schools left and paid the $1M they were contracturally obligated to do. The bill Skadden Arps delivered caused knees to buckle on some BE campuses. The ACC must know after 2004 that this is a meaningless threat that will end up costing the "left behind" schools big bucks and further isolate them from the polite society of major universities. In order for the Big East schools to pursue a suit they would have to be almost certain that the NNBE is a death sentence for their aspirations to be a big time athletic school. It's such a high-risk strategy. This, my friends, is what DESPERATION looks like and smells like. This is the college sports equivalent of going to Mexico for a miracle cancer cure because thats the only hope you have. [/QUOTE]
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