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September 19, 2014
Al Gore Sues Al Jazeera
Al Jazeera is refusing to make additional payments held in escrow, and Al Gore is being, as Joe Biden would say, a dirty Shylock.
The parties are fighting over money that is being held in escrow. The former vice president and Hyatt, the founder of Hyatt Legal Services, sued the network last month saying that it was improperly withholding tens of millions of dollars placed in escrow when Al Jazeera bought Current TV for $500 million.
Al Jazeera America says it is entitled to the money because Gore and Hyatt agreed to indemnify the network for claims made against Current TV, but didn't live up to their promise. It accuses the pair of "misrepresentations" and says they received hundreds of millions of dollars from the sale.
I'm so proud of this. Liking the story, I announced, "I nutted."
That's right... Pull it. Pull it hard.