Why Is Eric Bischoff Threatening To Sue Matt Hardy?

A recent video called "Reflections" featured "Broken" Matt Hardy (in character) speaking on Hulk Hogan and Eric Bischoff in TNA and this is what he said:

"When Brother Nero Hogan and Brother Nero Bischoff, all they did was rape, pillage and plunder TNA. They almost broke Impact Wrestling down forever."

The trailer for the video has been pulled from YouTube, but that hasn't stopped Bischoff from threatening a law suit. Check out this Twitter exchange:

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