Friday, September 21, 2012

Mayweather must pay Pacquiao lawyers $113K

CourthouseNews.com reports that the US District Court in Nevada has ordered Floyd Mayweather to pay Manny Pacquiao’s attorneys $113,518.50 in fees and costs as a result of evading his deposition.  The lawsuit stems from Pacquiao’s defamation claims against Mayweather in which Mayweather claimed Pacquiao was taking PEDs.

The judgment in excess of $113,000 is a result of Mayweather failing to sit for his deposition in the lawsuit.  During the discovery phase of the lawsuit, Pacquiao’s attorneys attempted to take Mayweather’s deposition.  Mayweather’s attorneys filed a motion for protective order which would halt Pacquiao’s attorneys from taking the deposition.  The court denied Mayweather’s motion.  Regardless, Mayweather didn’t show when his deposition was noted to take place.

Pacquiao’s attorneys also filed a supplemental motion seeking an additional $2,432.50 in attorneys’ fees and $514.60 in costs for the actual hearing granting the attorney fees award.

Payout Perspective:

If you thought that Pacquiao-Mayweather was never going to happen, this could fuel the fire for an actual fight…or give cause to never have one between the two.  In hindsight, Mayweather’s refusal to attend his deposition may have been a smart (albeit pricey) move.   He will not have to answer questions about the PED accusations and likely saves himself from unnecessary questions and scrutiny.  While I would not recommend this tactic for everyone, it worked here.  Yes, paying over $113K in fees and costs  is expensive, but for a guy that makes $40 million in one night, it’s something he can do.

Source: http://feedproxy.google.com/~r/Payout/~3/crhM6-2Ob-o/

Tony DeSouza  Edwin Dewees  Nick Diaz  Tadhg Steamfist Dixon Joe Doerksen 

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