A year and a half after selling Current TV to Al Jazeera for some $500 million, former vice president Al Gore is now suing the Qatar-based media group. According to the New York Times, Gore is accusing Al Jazeera of fraud and breach of contract after it failed to turn over “tens of millions of dollars” still owed to the selling shareholders of Current TV.
Gore is being represented by David Boies – the same attorney he employed during his failed 2000 Bush vs. Gore lawsuit. In a statement, Boies told the Times Gore and Current TV co-owner Joel Hyatt are suing Al Jazeera on behalf of all selling shareholders.
“Al Jazeera America wants to give itself a discount on the purchase price that was agreed to nearly two years ago,” Boies said. “We are asking the court to order Al Jazeera America to stop wrongfully withholding the escrow funds that belong to Current’s former shareholders.”
On radio this morning, Pat and Stu found himself in a conundrum trying to choose between two seemingly indefensible sides. After a lot of thought, Stu found himself siding with Gore.
“Very few things I will side with Al Gore on, but one of them is probably between Al Gore and Al-Jazeera,” Stu concluded. “I don't like Al Gore at all, but when it comes to Al Jazeera… even Al Gore seems wonderful in comparison to those people.”