I think the difficulty of agreement is in the viewpoint. The legal aspect is perfectly clear and understandable. Of course, the Watchtower had a right to take this action for its own interest. I think we are all in agreement with that.
But it is the Watchtower's religious aspect that is in question. Over the years, it stressed to all of us that we should not do things that even "give appearance of sin." Thus, many brothers were thrown into a quandry for having the slightest association with "Babylon the Great." So, many of us were shocked when it supported this effort of the Jimmy Swaggart Ministries in its legal battle. It gave the appearance of association, legal or otherwise. Perhaps, the Watchtower itself was sensitive to the issue when it quickly withdrew.
Maybe it is making "a mountain out of a mole hill." But for us who had to digest all of the Watchtower's rules and regulations over the years while it pontificated about the dangers of being part of "Babylon the Great" the mole hill is a mountain!