"....Gilchrist attorney Guy Mailly said a court will determine what happens to the $3,700, although Lacy said dismissal of case means the money can now be spent by his clients.
Mailly said that Gilchrist sold the original group's Web site, donor list and logo to his new group for $110,800, with the proceeds to be used to pay creditors. Stewart says those assets were not under Gilchrist's control and that he is now considering legal action against Gilchrist.
"We're not going to terminate this," Stewart said. "This will not be tolerated.""
$3,700 was all that was left in the till! And according to Stewart, Gilchrist's troubles are not over. They may litigate more over mailing lists etc.
One thing dropping the lawsuit does is let him avoid having to explain under oath where the money went.
That's it in a nutshell.