TNA Sued For Defaulting On American Express Bill

[The Ultimate Nullifier]

www.sescoops.com/tna-sued-for-defaulting-on-its-american-express-bill/


TNA Sued For Defaulting On American Express Bill
By David Bixenspan on October 18, 2016

Ever since Billy Corgan filed a lawsuit against TNA last week, we’ve found numerous public records of the company’s debt, and it’s bad enough that it looks like the promotion is limping towards filing bankruptcy. Today, we were tipped off to and able confirm another debt owed by TNA, one bad enough that the creditor sued TNA.

On July 21st, American Express Travel Related Services Company sued TNA Entertainment, LLC in New York County Supreme Court in New York (New York County = New York, NY = the borough of Manhattan). TNA was served with the lawsuit (case number 653846/2016 in the New York State Unified Court System) on August 8th.

In the complaint, American Express alleges that TNA defaulted on their account to the tune of $269,049.50. There are very few details other than that, like how long TNA was delinquent on payments, but clearly, it was long enough for American Express to decide it were never getting paid and take legal action.

The only other real information in there is that it was an American Express Corporate Card (which is no surprise), and that, based on the division of American Express suing TNA, it was likely earmarked specifically for travel expenses.

[The Ultimate Nullifier]

www.sescoops.com/update-on-american-express-non-payment-lawsuit-and-other-tna-debts/

Update On American Express Non-Payment Lawsuit and Other TNA Debts
By David Bixenspan on October 18, 2016

In a follow-up to the earlier post on American Express’s lawsuit against TNA for defaulting on their corporate account, I noticed something off when taking took a second look at both the complaint and the proof of service of the complaint. The lawsuit was served at TNA’s old office at Cummins Station in Nashville, which the company had been evicted from over three months earlier. Note that on the proof of service, the process server had to include a handwritten note indicating that the receptionist said that she could not sign for anything; this makes more sense when you realize that she wasn’t TNA’s receptionist.

It’s unclear at this time if TNA has actually been served with a copy of the lawsuit. When Audience of One Productions sued the company in September, they served TNA’s registered agent in Chattanooga, who isn’t going anywhere. However, like American Express, the Davidson County Court in Nashville has not done the level of research that Audience of One did, as they confirmed to me today that TNA still owes $250 in court costs due to an invalid address. This stems from their lawsuit against Scott Steiner, which was dismissed earlier this year. The cost bill was sent on April 4th, right around the time of the eviction.

As for the American Express lawsuit, multiple sources familiar with the situation have provided additional details as to how TNA has been dealing with that. Apparently, when TNA’s corporate credit card used for travel was cut off, at least one member of TNA management started charging those expenses to a personal card. This is a dangerous precedent to set, to say the least.

[The Ultimate Nullifier]

www.sescoops.com/update-on-american-express-non-payment-lawsuit-and-other-tna-debts/

Update On American Express Non-Payment Lawsuit and Other TNA Debts



In a follow-up to the earlier post on American Express’s lawsuit against TNA for defaulting on their corporate account, I noticed something off when taking took a second look at both the complaint and the proof of service of the complaint. The lawsuit was served at TNA’s old office at Cummins Station in Nashville, which the company had been evicted from over three months earlier. Note that on the proof of service, the process server had to include a handwritten note indicating that the receptionist said that she could not sign for anything; this makes more sense when you realize that she wasn’t TNA’s receptionist.

It’s unclear at this time if TNA has actually been served with a copy of the lawsuit. When Audience of One Productions sued the company in September, they served TNA’s registered agent in Chattanooga, who isn’t going anywhere. However, like American Express, the Davidson County Court in Nashville has not done the level of research that Audience of One did, as they confirmed to me today that TNA still owes $250 in court costs due to an invalid address. This stems from their lawsuit against Scott Steiner, which was dismissed earlier this year. The cost bill was sent on April 4th, right around the time of the eviction.

As for the American Express lawsuit, multiple sources familiar with the situation have provided additional details as to how TNA has been dealing with that. Apparently, when TNA’s corporate credit card used for travel was cut off, at least one member of TNA management started charging those expenses to a personal card. This is a dangerous precedent to set, to say the least.