As a Thrashers fan, I feel for the Canucks fans. Your ownership dispute is pretty intriguing, but in some ways pales to the whole situation here in Atlanta. Ours involves two sports teams, two pro sports leagues, an arena, and several judges. There's a good possibility that Steve Belkin eventually ends up with both the Hawks and Thrashers; of course, there'll be more lawsuits and injunctions before that even happens. Our ownership dispute is so messed up that Atlanta Spirit can't even bring in any additional investors and for a time could not make any sort of player deals (with some limited exceptions).
Time-Warner several years ago had a lawsuit filed against them by David McDavid, who they had agreed to sell the Hawks, Thrashers, and Philip Arena operating rights to. When McDavid was taking a bit too long to finalize the deal, they quit negoiating with him and that's when the Atlanta Spirit LLC group came forward. McDavid filed suit a little more than two years ago, but nothing has been heard from him since. He perhaps quietly dropped it, but I wouldn't be surprised if after this ownership dispute is settled, his lawsuit gets revived.