Stinky T said:
They let us out with a reduced buyout because the BigXII media partners agreed to keep the rest of the members' payout unchanged. That is not very likely to happen this time.
yup, and we weren't trying to undo a Grant of Rights. I'm no lawyer but i think that's a different animal, puts the B12 in a much stronger position to dig in.
We were simply exercising the existing termination option in our contract (and negotiating the ambiguities of calculating the exit price). afaik no such option exists in the GOR.