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TV station sues Greensboro for $50M over withdrawn loan

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A Lee Enterprises, Incorporated newspaper. Majority shareholder: David Hoffmann, Hoffmann Media Group.

TV station sues Greensboro for $50M over withdrawn loan

• By Joe Gamm/News & Record
• Jun 18, 2014
• Jun 18, 2014 Updated Jun 18, 2014
• 0

1 of 10

Michael and Ramona Woods, right, intend to sue Greensboro over a $300,000 loan for a Black Network Television show that the city agreed upon, then reneged on. The couple and their attorney, Willie Gary, left, during a press conference on the in front of the Melvin Municipal Office Building Washington Street.on Wednesday, June 18, 2014, in Greensboro, N.C.

• JERRY WOLFORD/News & Record

Michael Woods addresses the media about he and his wife's intentions to sue Greensboro over a $300,000 loan for a Black Network Television show that the city agreed upon, then reneged on.

• JERRY WOLFORD/News & Record

Michael and Ramona Woods, center, intend to sue Greensboro over a $300,000 loan for a Black Network Television show that the city agreed upon, then reneged on. The couple and their attorney, Willie Gary, at podium, during a press conference on the in front of the Melvin Municipal Office Building Washington Street.on Wednesday, June 18, 2014, in Greensboro, N.C.

• JERRY WOLFORD/News & Record

Ramona Woods Michael and Ramona Woods intend to sue Greensboro over a $300,000 loan for a Black Network Television show that the city agreed upon, then reneged on. The couple and their attorney, Willie Gary, during a press conference on the in front of the Melvin Municipal Office Building Washington Street on Wednesday, June 18, 2014, in Greensboro, N.C.

• JERRY WOLFORD/News & Record

**FILE PHOTO** Michael and Romana Woods lead an 11-employee staff that runs the Black Network Television network in Greensboro, N.C., on Sept. 11, 2012. 

• H. Scott Hoffmann/News & Record

**FILE PHOTO**Michael Woods supervises his staff as they produce a commercial for Bovanti cosmetics at the Black Network Television network in Greensboro, N.C., on Sept. 11, 2012. 

• H. Scott Hoffmann/News & Record

**FILE PHOTO**Michael Woods gives model Amber Dowell instructions during the filming of a commercial for Bovanti cosmetics at the Black Network Television network in Greensboro, N.C., on Sept. 11, 2012.

• H. Scott Hoffmann/News & Record

**FILE PHOTO**Michael Woods (kneeling on far right) is a hands-on leader of an 11-employee staff that runs the Black Network Television company, which filmed a commercial for Bovanti cosmetics in Greensboro, N.C., on Sept. 11, 2012. 

• H. Scott Hoffmann/News & Record

**FILE PHOTO**Michael Woods laughs as he leads production of a commercial for Bovanti cosmetics at the Black Network Television network in Greensboro, N.C., on Sept. 11, 2012. 

• H. Scott Hoffmann/News & Record

**FILE PHOTO**Michael Woods leads his staff in producing a commercial for Bovanti cosmetics at the Black Network Television network in Greensboro, N.C. on Sept. 11, 2012. 

• H. Scott Hoffmann/News & Record

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By Joe Gamm/News & Record

Updated 11:27 p.m.

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Contact Joe Gamm at (336) 373-7090, and follow @joegammNR on Twitter.

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Michael and Ramona Woods, right, intend to sue Greensboro over a $300,000 loan for a Black Network Television show that the city agreed upon, then reneged on. The couple and their attorney, Willie Gary, left, during a press conference on the in front of the Melvin Municipal Office Building Washington Street.on Wednesday, June 18, 2014, in Greensboro, N.C.

• JERRY WOLFORD/News & Record

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Michael Woods addresses the media about he and his wife's intentions to sue Greensboro over a $300,000 loan for a Black Network Television show that the city agreed upon, then reneged on.

• JERRY WOLFORD/News & Record

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Michael and Ramona Woods, center, intend to sue Greensboro over a $300,000 loan for a Black Network Television show that the city agreed upon, then reneged on. The couple and their attorney, Willie Gary, at podium, during a press conference on the in front of the Melvin Municipal Office Building Washington Street.on Wednesday, June 18, 2014, in Greensboro, N.C.

• JERRY WOLFORD/News & Record

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Ramona Woods Michael and Ramona Woods intend to sue Greensboro over a $300,000 loan for a Black Network Television show that the city agreed upon, then reneged on. The couple and their attorney, Willie Gary, during a press conference on the in front of the Melvin Municipal Office Building Washington Street on Wednesday, June 18, 2014, in Greensboro, N.C.

• JERRY WOLFORD/News & Record

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**FILE PHOTO** Michael and Romana Woods lead an 11-employee staff that runs the Black Network Television network in Greensboro, N.C., on Sept. 11, 2012. 

• H. Scott Hoffmann/News & Record

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**FILE PHOTO**Michael Woods supervises his staff as they produce a commercial for Bovanti cosmetics at the Black Network Television network in Greensboro, N.C., on Sept. 11, 2012. 

• H. Scott Hoffmann/News & Record

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**FILE PHOTO**Michael Woods gives model Amber Dowell instructions during the filming of a commercial for Bovanti cosmetics at the Black Network Television network in Greensboro, N.C., on Sept. 11, 2012.

• H. Scott Hoffmann/News & Record

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**FILE PHOTO**Michael Woods (kneeling on far right) is a hands-on leader of an 11-employee staff that runs the Black Network Television company, which filmed a commercial for Bovanti cosmetics in Greensboro, N.C., on Sept. 11, 2012. 

• H. Scott Hoffmann/News & Record

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**FILE PHOTO**Michael Woods laughs as he leads production of a commercial for Bovanti cosmetics at the Black Network Television network in Greensboro, N.C., on Sept. 11, 2012. 

• H. Scott Hoffmann/News & Record

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**FILE PHOTO**Michael Woods leads his staff in producing a commercial for Bovanti cosmetics at the Black Network Television network in Greensboro, N.C. on Sept. 11, 2012. 

• H. Scott Hoffmann/News & Record

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