American Express is now seeking to reclaim the $269, as well all legal costs related to the lawsuit
? A third lawsuit against TNA has been revealed and Dave Meltzer of the Observer is reporting that American Express, through their American Express Travel Related Services Company, Inc, sued TNA’s parent company for unpaid travel expenses. The lawsuit was filed on July 20 in the Supreme Court of New York and claims that TNA owes them a total of $269, in travel related expenses. According to the lawsuit, just like the one similar filed by Audience Of One, TNA agreed to repay the debt with monthly payments and even agreed to pay court costs if the two parties ever went to court, however no monthly payment was done.
The case dates back to when TNA and BankDirect Capital Finance entered into an agreement where they would loan $400,146 to TNA to cover insurance premiums
? Anthem Sports & Entertainment Corp., the parent company of Fight Network, issued a statement yesterday confirming the recent cash injection in TNA, funding the Bound For Glory pay-per-view and subsequent television tapings that took place for a week after the PPV. “Fight Network has also offered to provide TNA Impact Wrestling with funding to repay the loans made by Mr. Billy Corgan and is positioned to provide additional transitional assistance to the company,” the statement said. “TNA is a strong property for Fight Network and as a licensee and global distribution partner we have a keen interest in seeing the company not only survive but continue to grow and thrive, alongside our own growth,” said Leonard Asper, CEO of Anthem. “We are hopeful that the company can soon get back to doing what it does best, which is to produce great wrestling content.” TNA has wrapped up filming Impact for this year and has TV covered up until the end of 2016. The next set of tapings – if the company is still alive by then – will have to be done in the first week of .