"You never disclosed the existence
or threat of this lawsuit to us;
had you done so, we would not
have entered into the Agreement.
The Agreement is hereby
terminated and canceled,
effective immediately."
This is the letter that shows the link between Our Man Elli's reportage and the shocking resignations of the Israel Baseball League's commissioner and advisory board members. It was sent to Israel Baseball League founder Larry Baras, from the Spectrum Capital Group, the investment bankers Baras had hoped would bail out the IBL, canceling the deal, the day after Tabloid Baby revealed the details of the securities fraud lawsuit that had been filed against him.
On Thursday, The IBL 10 announced their resignations.
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