Judge Sides With TEAM Before Final Ruling
Oct 17th, 2007 by Shaun Carter
Judge Paul Sullivan denied Quixtar’s motion today to halt a TEAM function being held in Louisville this weekend. Since the TEAM founders were terminated from Quixtar, they have been reportedly running as a neutral leadership training organization that does not endorse any one individual opportunity. However, Quixtar is claiming that the meeting will be used to encourage more IBO’s to resign and cause further damage to Quixtar, and would be a violation of a standing restraining order issued in August against TEAM’s founders.
One would think that Quixtar would be quite upset with the decision, but they seem to be turning lemons into lemonade. Quixtar appears confident they will prevail when the judge issues his ruling on the accusations against TEAM founder Orrin Woodward breaching his restraining order. They are also confident in a favorable ruling when their arbitration with TEAM commences sometime in the future. It’s not clear whether the arbitration decisions will be made public or not, but Quixtar is looking to reap damages for the more than 14,000 IBO’s that have resigned since they terminated Woodward and TEAM co-founder Chris Brady.
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