The letter-writing battle between parties in the Wilder-Povetkin lawsuit is heating up as the parties have exchanged terse letters with the court about Wilder’s Motion to Dismiss the Povetkin lawsuit. For background on the lawsuit, you can look here. Long story short, a bout between Deontay Wilder and Alexander Povetkin set in Russia for this […]
legal
Gawker-Hogan talk settlement of jury award
The Wall Street Journal reports that Gawker and Hulk Hogan are in settlement discussions over Hogan’s huge trial victory which caused the personal bankruptcy of Nick Denton. It was anticipated that A.J. Daulerio was to file for personal bankruptcy as well. In March, a Florida jury awarded Hogan $140.1 million including $25.1 million in punitive […]
Deontay Wilder files motion to dismiss against Povetkin, World of Boxing
Deontay Wilder and Lou DiBella have filed a Motion to Dismiss the claims of Alexander Povetkin and his promoter. The motion reflects what might be a long, hard fight in court. As you may recall, in June Wilder and his promoter, Lou DiBella and DiBella Entertainment filed a lawsuit against World of Boxing, LLC (“WOB”) […]
Golden Boy requests trial against Haymon pushed to March 2017
The lawyers for Golden Boy have requested a continuance in the antitrust trial against Al Haymon. The date, originally set for the end of January 2017, is going to be pushed to March if the court agrees with the unopposed motion. A declaration by Golden Boy’s lead counsel, Bertram Fields, requests that the trial date […]
WWE reports Q2 revenues
On Thursday, the WWE announced its second quarter earnings for the year. Despite record revenues, the company’s Q2 profits missed expectations. According to the WWE earnings call held Thursday morning, revenues grew 32% to a record $199M. Profits are off due in part to spending which included Wrestlemania. The WWE Network hit 1.52M average paid […]