They left it open and full of holes on SOL etc. so Armstrong could use in his defense for SCA etc.?
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thehog said:They left it open and full of holes on SOL etc. so Armstrong could use in his defense for SCA etc.?
Velodude said:...Armstrong took on SCA as he was beneficially entitled to the payment through an arrangement between himself and Tailwind.
Microchip said:It was 'himself paid himself', he was part owner of Tailwind.
Velodude said:At law they are different entities (persons). Technically a person cannot "own" a corporation. They can only own shares in a corporation.
So endeth the lesson
Turner29 said:Right now, LA is not the winners of any TdFs. However, either SCA Promotion or ASO getting money back will not be trivial.
As the saying goes, "possession is 9/10s of the law."
FellOff said:The original case turned on him being the "official winner", not whether he cheated. Since he is not the official winner, the return of the $12M paid should be relatively straightforward by reference to the first case.
Surely paying the money back is an admission of guilt??FellOff said:Reports have been vague, but it looks like they are seeking a little more than $12M provided it's paid by Monday: that might suit both parties, as it would be swift, financially neutral, and would not amount to an admission of guilt.