Vince McMahon’s attorney filed a Motion to Compel Arbitration in the Janel Grant case. Denying the allegations in the salacious complaint, McMahon’s attorneys relied on the Nondisclosure Agreement signed by Grant. McMahon’s central argument is that Grant is bound by the terms of the Agreement she signed it in exchange for a payout totaling $3 […]
McMahon-Grant
Vince McMahon sells 25% of stock holdings in TKO
In an SEC Filing on Monday, Vince McMahon sold 5,350,000 shares in his possession. The share value at the time of the sale was $411,950,000. The form 144 is a notice required by the SEC prior to the sale. TKO stock was selling around $81 per share as of Monday night. According to Forbes, McMahon […]
The Legal Submission 79
The Legal Submission 79 takes a look at the NDA in the Vince McMahon-Janel Grant lawsuit. McMahon is being sued for alleged sexual misconduct and sexual trafficking. Grant signed a nondisclosure agreement but her attorneys claim that the agreement is void. NDA’s are common in employment law but a federal law preventing employers using it […]
McMahon NDA validity will be central to Grant case
The filing of the lawsuit by Janel Grant against Vince McMahon presents some interesting questions including the validity of a Nondisclosure Agreement. The Agreement, attached to the lawsuit filed by Grant is allegedly the exact Agreement signed by the parties. The payout total of $3 million was to be paid in increments with Grant receiving […]