Unsecured creditors in the XFL Chapter 11 Bankruptcy proceedings are weary of a possible move by Vince McMahon to revive the league and repurchase assets at a lower cost. In recent proceedings, the committee seeking reimbursement from McMahon’s league’s arrears are worried that the auction of assets is being done too soon to the advantage […]
legal
Personal guaranty of Luck’s salary by Vince McMahon a question in lawsuit by former XFL commissioner
According to documents that were filed in the Vince McMahon-Oliver Luck case, the WWE owner signed a personal guaranty for Luck to be XFL Commissioner. The personal guaranty which Luck sued to enforce claiming that the WWE Head breached the agreement contends that McMahon, not Alpha Entertainment, LLC, the company that ran the XFL. Alpha […]
Use of company iPhone for personal use one of reasons McMahon fired Luck
Vince McMahon claims that he fired Oliver Luck “for cause” in the legal battle beginning to boil in a Connecticut Federal Court. On Tuesday, McMahon filed an opposition to Plaintiff’s Application for Prejudgment Remedy which outlines the reasons it terminated Luck including gross negligence on the part of the former XFL commissioner. McMahon argues in […]
McMahon lawyer fires back at Luck in lawsuit over XFL termination
The lawsuit between Vince McMahon and Oliver Luck is heating up as the WWE head has filed an opposition to a motion that would require him to show assets that could fulfill a potential judgment. Luck’s lawsuit stems from his termination as XFL Commissioner by Alpha Entertainment, LLC, the company that ran the league. Alpha […]
The Interview: Trademark Attorney Erik Pelton
The Interview is back. This time we discuss trademark law with Erik Pelton (ErikPelton.com). Erik gives some great insights on the basics of trademark law. A former USPTO examiner, Erik walks us through some of the reasons to file a mark. As we know the UFC and WWE have filed their share of trademarks and […]