In an update on the lawsuit filed by TNA Wrestling President Billy Corgan against TNA Wrestling, its parent company IMPACT Ventures LLC, Dixie Carter, her husband Serg Salinas and TNA Wrestling’s Chief Financial Officer Dean Broadhead, a report from The New York Post notes that TNA Wrestling’s current ownership was fending off attempts by Corgan to take over ownership of the company, noting that according to their sources, talks for Corgan to take over the company went nasty, which led to him filing the lawsuit back on October 12th.

The article notes that The Fight Network’s parent company Anthem Media Sports & Entertainment has offered to pay Billy Corgan back and that their involvement may have been the reason that the lawsuit hearing that was scheduled for October 20th has been pushed back to October 26th.