In an update on the lawsuit filed against the National Wrestling Alliance, a hearing was held on Tuesday in Brownsville, Texas filed by promoter Bruce Tharpe, claiming that Director Bob Trobich misled promoters when saying they all had insurance for shows if they joined the organization when the policy signed claimed that all gathering would be less than 100 people.
There are many within the organization claiming that it is a power play by Tharpe in that he’s trying to get control of the NWA after he failed in an earlier attempt to get the necessary votes. NWA Board Member Fred Rubenstein commented on the matter at the hearing, however the NWA’s attorney, Reynaldo Garza III withdrew as their representative claiming that he felt another lawyer within the jurisdiction would be better equpped to handle the case.
The court issued an order barring the sale, mortgage or use as collateral of the National Wrestling Alliance brand as long as the current case is ongoing and is looking into the allegations of financial issues and alleged forgery of documents that are being conducted and has also granted an order prohibiting the National Wrestling Alliance bank account or the NWA money from paying the legal fees or any other fees of the individual defendants in Bill Behrens, David Marquez, Fred Rubenstein, Michael Sircy, Michael Porter, Bob Trobich and Ken Taylor.
Many people expect that the jurisdiction ruling will be appealed and note that several members of the NWA are not aware of any investigation going on, noting that the NWA insurance policy in question doesn’t state what is allegedly claimed by Tharpe in his pleadings, with the insurance company not alleging any fraud nor the policy limit to events drawing less than 100 fans.