Kukla's Korner Hockey
Prove It
by Paul on 03/27/08 at 09:30 AM ET
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from Rick Westhead of the Toronto Star,
The New Jersey Devils are about to find out whether the adage “finders keepers, losers weepers” applies in the billion-dollar sports business.
French investment bank Société Générale is suing the Devils for more than $500,000 after it mistakenly transferred $125,635.13 (all figures U.S.) to the NHL club on Sept.6, 2006, according to court documents.
Since that transfer, Devils team executives have repeatedly refused to return the money “motivated, in whole or in part, by spite and ill will,” the bank says in court papers filed in U.S. District Court
Filed in: NHL Teams, New Jersey Devils | KK Hockey | Permalink
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