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Artist News Legal
Billy Corgan takes his wrestling feud to Twitter
By Chris Cooke | Published on Friday 4 November 2016
Your old mate Billy Corgan has gone on Twitter to have a good old moan about his ongoing dispute with TNA Wrestling and its parent company Impact Ventures.
The Smashing Pumpkins man’s latest dalliance with the world of wrestling began last year when he joined TNA in a creative and talent development role. He then seemingly became President of Impact Ventures earlier this year, but fell out with the company pretty damn quickly and went legal last month.
According to Pitchfork, he claimed that he loaned the wrestling firm money, and because of its failure to pay him back and the deal they struck when he handed over the cash, he was now legally entitled to take the voting rights of the company’s majority shareholder Dixie Carter.
A Nashville court seemingly knocked back Corgan’s attempt to take control of Impact Ventures, but demanded the company pay back all the money it owned the singer by 1 Nov. However, that didn’t happen, with Corgan tweeting yesterday that the wrestling business had just “asked for a day to ‘get [the money] together'”. He added that he was now “exploring all remedies including new filings with [the] court”.
Settle it all in the ring, I say.
