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Lawsuit Settled Over Alleged Breach of Contract to Sell Hawks and Thrashers

August 31, 2010

David McDavid – great name – thought that he had a verbal contract to buy the Atlanta Hawks and Atlanta Thrashers back in 2003. He didn’t end up with either team, so he sued Time Warner for a breach of contract. A jury recently awarded him a verdict of $281 million! And, this was in a Fulton County court in Atlanta. Time Warner and McDavid reached an agreement regarding the verdict.

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