Seriously, I was just going to type pretty much the same thing. Any real life experiences or professional insight to offer? Or just information based on Google searches?
In my mind, word salad evokes a picture of a tossed salad, but instead of lettuce, carrots, celery, tomatoes, etc., the tossed and jumbled up ingredients are words.
But yes, there are unknowns re: the agreements between SGF and MB Dressage, for use of the property, and we will likely not learn those details.
At any rate the dissolution of SGF was handled in court back in 2020, so no, MB wouldn’t have been a party to whatever happened between SGF and LK last week.
The land was sold to a new owner when SGF was disbanded which may have gone back to the Lundberg who leased it sold it to the new occupants. However, the assets of SGF would have been held until the court case was settled.
LK filed the lawsuit shortly after the shooting which, either with a separate action or by itself, holds assets of all parties so they can’t sell property and hide money offshore, divorce a spouse and give them the assets, etc.
SGF was still partially owned by MB when the lawsuit was initiated so yes, those assets held for the court action were still coming from him.
Edited to add some commas and a plural for clarity and grammar and also to add that this is a great outcome for everyone to end the legal actions as quickly as they have. All parties showed themselves to be reasonable and it’s the best to be hoped for. The trial ended in the best outcome as well. MB has the possibility of a complete recovery. LK is protected from anymore violent attacks until he is found to no longer be a threat to himself or others. With that final finding, MB can request full standing again with SafeSport. They can both continue training and get back to showing. This is great news for both.
I really don’t understand why anyone wouldn’t be happy with this outcome.
Thanks for that info, @ekat! So if the property itself was transferred to SGF in 1999, and MB does hold at least 40% equity in SGF, then he should have received at least 40% of the sale amount - correct? If so, then it cheers me greatly to know that.
Also - and I am pretty sure it has been mentioned on these threads before - the timing of LK’s lawsuit vis-a-vis the original sale listing of the property is so very, very suspicious and absolutely makes the K’s look even more like money-grabbing grifters. (The property listed at $2.5 million on 10/12/2019, LK’s lawsuit was filed the very next week on 10/18/2019).
Apparently the parties agreed at the time of dissolution that he did own at least 40% equity, so yes, he would have received at least 40% of the proceeds from any sale.