It's back to business as usual for TNA, as Chancellor Ellen Hobbs Lyle today ruled against Billy Corgan's request for a temporary injunction against the company, which would have prevented the company from making major business decisions or sell the company without Corgan being involved in the decision. Corgan will be paid back for the loans he made to the company, which are due tomorrow, November 1st.
Corgan commented on the judge's ruling on Twitter today, writing:
For those asking, I'm in no way disappointed in the judges ruling regarding TNA. Rather, I'm grateful the judge considered the case— WPC (@Billy) October 31, 2016
It's important to note is these proceedings have brought forth facts which illuminate business practices I have fought against for a reason— WPC (@Billy) October 31, 2016
And I suggest that a careful reading on the judge's ruling supports there can be no claim of victory by anyone in a position of authority— WPC (@Billy) October 31, 2016