Steve Green of the Las Vegas Sun reports that the management of Station Casinos have reached a deal in principal with key lenders that will allow them to reorganize and retain control of the company. While the company didn’t disclose details, the arrangement with lenders holding $2.475 billion of debt secured by four of Station’s […]
legal
UFC Sues Website Operator
Steve Green of the Las Vegas Sun is reporting that the UFC has filed a lawsuit against the owner of a website that alleged sells pirated broadcasts of UFC PPV events online for $6.99. The Ultimate Fighting Championship is suing a Web site operator it says is selling pirated broadcasts of current and past UFC […]
Zuffa Named in Bankruptcy Fraud Complaint
The latest turn in the Xyience Bankruptcy saga comes as David Herzog, the Liquidating Trustee for the estate of Xyience Incorporated, has filed yet another complaint in US Bankruptcy Court, this time against Zuffa Marketing, LLC (a company wholly-owned by Zuffa LLC). The complaint alleges that in 2007 and 2008 Zuffa Marketing entered into a […]
UFC Awarded Legal Victory Against Shamrock
The UFC announced via press release today that it was awarded a legal victory against former fighter Ken Shamrock who claimed the UFC violated contractual provisions in the last contract signed between the two parties. Zuffa, LLC, doing business as the Ultimate Fighting Championship, was awarded a legal victory today against former champion, Ken Shamrock. […]
Dementia Pugilistica & MMA
Matt Pitt over at Sherdog writes on the topic of Dementia Pugilistica in contact sports like MMA, boxing, and football, which is a continuation of the discussion we’ve had here at MMAPayout.com regarding the perceived safety of the sport: It is true that there is compelling evidence that MMA is safer than boxing. But “safer” […]