The Deontay Wilder-Alexander Povetkin case may be heading to an appeal if you believe the parties. The Court has issued a final judgment and order in the case and indicated that money held in escrow be sent to World of Boxing.
Order May 10th by JASONCRUZ206 on Scribd
Final Judgment by JASONCRUZ206 on Scribd
The legal saga that has seemingly dragged on for years looks to be heading to the Second Circuit Court of Appeals. With the exception of Povetkin’s legal cause of action for Defamation against In a letter from Povetkin/World of Boxing’s attorney’s, they advise the Court that Wilder intends to appeal the Court’s summary judgment ruling. Povetkin/World of Boxing proposed to the Court that the remaining claim for Defamation is stayed until the resolution of the appeal.
The Court issued an order which ends the case (for now) and allows for World of Boxing to regain over $6 million held in escrow since April 2016.
Despite the ruling, the parties fought over whether the escrow funds could be disbursed or whether the Defamation claim must be litigated. This contentious litigation will likely continue into the appeal.
Payout Perspective:
The parties of 30 days from the date of the Order to appeal the court ruling. It looks like that Deontay Wilder’s legal team will do so and its hard not to blame them based on the ruling from the Court which appears to contradict a February 2017 trial that found Povetkin ingested Meldonium post-January 2016. However, the Court adhered to the WBC’s ruling that it could not determine when Povetkin ingested Meldonium. MMA Payout will keep you posted.
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