Stern's lawsuit loss in The Hollywood Reporter today...

Discussion in 'The Howard Stern Show' started by GaryPuppet, Apr 17, 2012.

  1. GaryPuppet

    GaryPuppet Well-Known Member

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  2. Pigsaw

    Pigsaw Well-Known Member

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    Judge Barbara Kapnick says it's the "clear, unambigious language of the Agreement" that leads her to dismiss Stern's lawsuit.
    "At the time the parties entered into the Agreement, it is clear that the only subscribers that the parties considered part of the 'total number of Sirius subscribers' for purposes of calculating 'Performance Based Stock Compensation' were those individuals who subscribed to the Sirius radio system," writes the judge.
    Judge Kapnick is also impressed by another part of Stern's contract with Sirius.
    In the deal, there's a provision that gave Stern $25 million "in the event Sirius merges with XM." It's a separate part of the contract, entitled "XM Merger" and Sirius argued that its separateness was confirmation of the parties' intent not to include XM subscribers as Sirius subscribers.
    The judge agrees.
    "Most importantly, to the extent the parties contemplated the relevance of new subscribers acquired by merger at all, they provided for their consideration under an entirely separate section entitled 'XM Merger,'" writes Judge Kapnick in her decision. "To find in plaintiffs' favor, then, would require this Court to ignore this explicitly distinct treatment of subscribers acquired by merger."
    Stern's claims have been dismissed with prejudice.
     
  3. Popeye Saavedra

    Popeye Saavedra Well-Known Member

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    When I was reading the court documents with the ruling last night it was clear that not only was Howard wrong, but that he is out of his fucking mind. In his mind, because of the merger, Sirius would owe him $300 million worth of stock after already giving him $25 million cash. What a fucking greedy son of a bitch, especially since they don't owe him any of the stock based on the contract.
     
  4. Senator Rick

    Senator Rick Well-Known Member

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    Oh the joy that fills my heart!
    So hot in my in-laws' building last night I only had about 2 hours of sleep but this is such happy happy news.
    Like James Brown said:
    "make me wanna kiss my self!!"
     
  5. harlock

    harlock ancora imparo Gold

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    The Hollywood Kiss-Ass Reporter!
     
  6. LessMoonbeams

    LessMoonbeams New Member

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    Stern was sure hot about that XM merger ............he had 25 million
    reasons to be ................but let's remember he did give certain valued
    employees a Stiletto 4 xmas :lol:
     
  7. Guts83

    Guts83 Active Member

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    Based on the article, it really does sound like an open and shut case. How can Howard counter that argument?
     
  8. Pigsaw

    Pigsaw Well-Known Member

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    I just read them too. You're right Howard has moved into crazy town.
     
  9. beetlejosh

    beetlejosh I got a head that's large Gold

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    Sirius should at least give him a bronzed thick beer can cock. :c
     
  10. flailingfish

    flailingfish New Member

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  11. Wesmantooth

    Wesmantooth VIP Extreme Gold

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    its marble madness- literally
     
  12. LessMoonbeams

    LessMoonbeams New Member

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    ===========

    tantrum hold his breath shout yell etc etc
     
  13. Robert Higgins

    Robert Higgins Well-Known Member VIP

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    Chief Justice Robert A Booey disagreed with the interpretation of the judge's ruling. According to His Honor The Horse Tooth Jack Ass the judge "agreed with everything in the contract but still found against Howard".

    Way to comprehend, Ra Ra Retard
     
  14. Wesmantooth

    Wesmantooth VIP Extreme Gold

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    [​IMG]
     
  15. jyanks

    jyanks Well-Known Member

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    The story also shows up under top stories on Yahoo's home page.
     
  16. LessMoonbeams

    LessMoonbeams New Member

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    ===========

    The Booey knows ...he knows things
    he's smart not stupid like people say
     
  17. RH Goatcabin

    RH Goatcabin Notable Member VIP

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    Has Hank mentioned it on his show yet? Will we be getting one day a week now?
     
  18. JohnnyDollar

    JohnnyDollar Racist Banned User

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    Jethro Bodine, who done gradiated the 6th grade ,could read this clause and understand what was meant !
     
  19. Lou Skunt

    Lou Skunt ____________________ Banned User

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    So what do you do for a living? :jj:
     
  20. crazypreacher

    crazypreacher Hey yo

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    I sent an email to glaad about howchie's homophobic comments regard ing jud apatow. Let's see.