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[QUOTE="Alsacs, post: 811895, member: 652"]
Listen, unless you understand Contract and Business Association Law what you are saying is the macro level argument.

While what you are saying is technically correct under law the court can always determine in either parties favor as to whether the fee represents a fair cost of loss argument. However,you are saying the ACC has to prove that MD withdrawal is worth 52 million dollars and that is not 100% correct. The Court would likely look at the fact the ACC is a partnership that each member willingly on its own joins and has a list of bylaws for joining or withdrawing from the partnership. Each member is treated to equal power, and has its own procedures for amending the withdrawal or joining bylaws. Since the ACC decided to up the exit fee then Maryland is screwed even though it voted against the increase the bylaws required 3/4 majority to amend, and unless the ACC violated its own procedures to amend them then Maryland's argument on its face will likely lose. If the ACC has to prove that MD withdrawing is worth 52 million dollars then what you are saying in the future is that GOR are worthless and can be breached because those penalties are punitive because GOR are way more powerful than a 52 million dollar fee. Anyway you slice this IMO, Maryland will be paying  52 million dollars to the ACC unless the ACC decides the billable hours to whichever firm they are paying aren't worth the hassle.
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