Angelos Family Fued

[Going Underground]

5 minutes ago, Can_of_corn said:

Who would have thought that Vinnie Barbarino would be the breakout star.

[Can_of_corn]

6 minutes ago, Going Underground said:

Who would have thought that Vinnie Barbarino would be the breakout star.

I thought "Bullet" was the breakout star? 

[Going Underground]

5 minutes ago, Can_of_corn said:

I thought "Bullet" was the breakout star? 

Bullet? But Gabe Kaplan did become the manager of the Phillies and now the Giants.

[Can_of_corn]

Just now, Going Underground said:

Bullet? But Gabe Kaplan did become the manager of the Phillies and now the Giants.

Marcia Strassman's nickname on the show.

I guess you never heard that story.

[Aristotelian]

1 hour ago, Frobby said:

I don’t understand why Georgia even bothered to put out a statement.  John did already, and doing this today just breathes new life into the story.  

She has just been sued by her son. Probably wanted to give her side of it. Also, John's statement on relocation is invalid if he is not in fact authorized to speak for the Orioles as the lawsuit alleges. I don't think either statement puts the rumors to rest but at least it addresses the fundamental allegation

[Chelsea_Phil]

31 minutes ago, Can_of_corn said:

Marcia Strassman's nickname on the show.

I guess you never heard that story.

I just googled it.  Funny story.  I would never have guessed otherwise.

[TonySoprano]

40 minutes ago, Can_of_corn said:

Marcia Strassman's nickname on the show.

I guess you never heard that story.

No.  Bullet was

 

[Can_of_corn]

1 minute ago, TonySoprano said:

No.  Bullet was

 

https://www.imdb.com/name/nm0833519/

Going by Marcia's IMDB page.

Not something worth having an argument over.

[Tony-OH]

1 hour ago, Going Underground said:

Even praise for Chris Jones in the statement. He is doing a wonderful job,signed Mr. Jones.

That might have been my favorite part. The only better would have been for it to be signed by Chris Jones with a "for Georgia Angelos" at the signature.

[Tony-OH]

Ever see an in-family fight where you literally have no one to root for?

I vote for MLB to force this dysfunctional family to sell. 

The one thing I remember being told multiple times by people in the organization over the years. John is a jerk and Lou is an idiot.

Nothing I've read so far seems to make that assessment untrue!

 

[Moose Milligan]

Poor @wildcard, doing yeoman's work.  Thinking that he's out in front of this morning's news and making a statement thread about how the Orioles are staying in Baltimore just because Georgia said so, and then getting that thread yanked down because we already had 47 pages discussing it.  

Dude's just trying to be a beacon of positivity.

[wildcard]

2 hours ago, Frobby said:

I don’t understand why Georgia even bothered to put out a statement.  John did already, and doing this today just breathes new life into the story.  

 

I am glad Georgia cleared the air.   Before she did it sounded like a dispute between John and Louis.   But Georgia says she is the controlling Trustee and appointed John as Chairman and CEO.   She further said he has bunch of estate planners backing her up.

In view of what the Ilitchs have done with the Tigers I doubt the Estate Taxes  are a problem for the Angelos Trust ownership once Peter passes. 

Here is an article on the Ilitch's use of a Trust to avoid estate taxes.

https://ncestateplanning.com/trusts-and-tigers-are-good-together/

[Frobby]

26 minutes ago, wildcard said:

 

I am glad Georgia cleared the air.   Before she did it sounded like a dispute between John and Louis.   But Georgia says she is the controlling Trustee and appointed John as Chairman and CEO.   She further said he has bunch of estate planners backing her up.

In view of what the Ilitchs have done with the Tigers I doubt the Estate Taxes  are a problem for the Angelos Trust ownership once Peter passes. 

Here is an article on the Ilitch's use of a Trust to avoid estate taxes.

https://ncestateplanning.com/trusts-and-tigers-are-good-together/

I read the article and it’s pretty vague.  It’s clear the authors don’t know exactly what the Ilich family trust documents say.  From the Lou Angelos complaint, it sounded like the Orioles weren’t in a trust - yet.   The trust documents were attached to the complaint but haven’t been published yet so far as I know.  

Anyway, I don’t think Georgia’s press release really clears the air about anything, other than it’s clear she’s siding with John and not trying to play the peacemaker.   That’s pretty clear.   
 

[Frobby]

1 hour ago, Aristotelian said:

She has just been sued by her son. Probably wanted to give her side of it. Also, John's statement on relocation is invalid if he is not in fact authorized to speak for the Orioles as the lawsuit alleges. I don't think either statement puts the rumors to rest but at least it addresses the fundamental allegation

Of course he’s authorized to speak for the Orioles.    He’s chairman and CEO and MLB has recognized him as the sole authority to speak for the team, as MLB’s rules require.   So far as I recall, Lou doesn’t allege that John was illegitimately named to those positions.   

[wildcard]

45 minutes ago, Moose Milligan said:

Poor @wildcard, doing yeoman's work.  Thinking that he's out in front of this morning's news and making a statement thread about how the Orioles are staying in Baltimore just because Georgia said so, and then getting that thread yanked down because we already had 47 pages discussing it.  

Dude's just trying to be a beacon of positivity.

I deleted the thread.  No one but me yanked it down.