The Bay was drawn to the $12.5 million offer because it “substantially” exceeded the value the charter had been given during a 2022 insurance appraisal, said Adam Zalev, co-founder of Bay financial advisor Reflect Advisors, in a court filing made Wednesday.

I included that quote, because regardless of the outcome, it seems obvious to me that the Westons are doing this for the charitable tax writeoff and the goodwill they think they’ll garner.