Who to side with? Can we hope for mutual destruction?
Al Jazeera America is suing former Vice President Al Gore and Joel Hyatt, the former owners of the TV network that became Al Jazeera America.
The parties are fighting over money that is being held in escrow. The former vice president and Hyatt, the founder of Hyatt Legal Services, sued the network last month saying that it was improperly withholding tens of millions of dollars placed in escrow when Al Jazeera bought Current TV for $500 million.
Al Jazeera America says it is entitled to the money because Gore and Hyatt agreed to indemnify the network for claims made against Current TV, but didn’t live up to their promise. It accuses the pair of “misrepresentations” and says they received hundreds of millions of dollars from the sale.
What a sleazy bunch.
Update: Yup, this sums it up perfectly.
@JammieWF "It's a pity they can't both lose." -Kissinger on Iran/Iraq War, and me on Al Jazeera/Al Gore lawsuit
— Anthony Bialy (@AnthonyBialy) September 19, 2014