November 24, 2022

Conor McGregor faces lawsuit from former teammate Artem Lobov over Proper No. Twelve whiskey earnings – Yahoo News Australia

Conor McGregor’s former training partner Artem Lobov filed a multimillion dollar lawsuit on Tuesday, alleging he is entitled to a percentage of McGregor's earnings in the sale of the Proper No. Twelve Irish Whiskey brand.
McGregor, Paradigm CEO Audie Attar and businessman Ken Austin sold their majority stakes to Proximo Sports, the company that owns tequila brand Jose Cuervo, for $600 million in April 2021.
Lobov alleges that he is entitled to 5% of that sale, according to the Irish Independent.
“My client is a retired professional fighter with a master’s degree from DCU in Finance and Capital Markets,” Dermot McNamara, Lobov’s solicitor said. “We have issued High Court proceedings on his behalf to enforce an agreement with Mr. McGregor regarding the Proper No. 12 whiskey brand. My client was the initial creator and co-founder of the concept to launch an Irish whiskey brand associated with Mr. McGregor. As these matters are now before the court, we will not be making any further comment.”
McGregor and Lobov were once friends and training partners at Team SBG Ireland, with Lobov significantly involved in McGregor’s feuds with fighters Khabib Nurmagomedov and Paulie Malignaggi.
Lobov, 36, previously told TalkSport in August that Proper No. Twelve is a product of his own concept and business advice.
He alleged that he convinced McGregor to be the face of the Irish Whiskey brand instead of McGregor's reported initial interest in an Iceland Vodka brand backed by "Game of Thrones" actor Hafþór Björnsson.
The retired Russian fighter claimed that he even introduced McGregor to his now business partners, arranged the deal, and turned down a $1 million offer from his friend.
“Conor offered me $1 million but I turned it down, I didn’t accept it. You know, throughout my career whenever I have helped Conor with camps, he offered to pay me for them camps, but I never accepted money from him,” Lobov claimed.
“I said, ‘we’ve always been friends and helped each other. I never paid you for my camps so I’m not gonna accept money from you for my camps either,’” he added.
McGregor's attorneys and spokesperson Karen J Kessler denounced Lovov's allegations as “incorrect,” saying the brand was "created, developed, branded and tirelessly promoted" by the former UFC featherweight and lightweight champion.
The Independent understands it is a separate issue from the OneLove armband which several teams backed away from wearing after Fifa pressure
Even more is on the line at the 2022 World Cup.
Yahoo Finance tech reporter Allie Garfinkle joins Yahoo Finance Live to discuss the protests that erupted at a Foxconn factory in China and how the country's COVID policies are affecting Apple.
“To be honest my dad’s the governor,” said John Stitt, the 20-year-old son of Oklahoma Governor Kevin Stitt during the 31 October incident
The NSW Shooters, Fishers and Farmers party leader Robert Borsak is under pressure to resign after making "unacceptable" comments about independent MP Helen Dalton, suggesting she should be "clocked".In a discrete meeting held at the beginning of the final two sitting weeks of the NSW parliament, Mr Borsak was told by three disgruntled party colleagues to resign from the upper house and not contest the March election.
A worried resident captured someone appearing to be delivering a box in the act of trying to open a door. Find out what happened.
The European Parliament has designated Russia as a state sponsor of terrorism, arguing Moscow's military strikes on civilian targets such as energy infrastructure, hospitals, schools and shelters violated international law.European MPs on Wednesday voted in favour of a resolution calling Russia a state sponsor of terrorism.
Turkey's President Recep Tayyip Erdogan has vowed to order a land invasion of northern Syria targeting Kurdish groups, amid years-long border violence and repeated Turkish incursions.Turkey has launched a barrage of air strikes on suspected militant targets in northern Syria and Iraq in recent days, in retaliation for a deadly November 13 bombing in Istanbul that Ankara blames on the Kurdish groups.
'Tonight a family will most likely lose their daughter,' she told her partner after her shift. Then police arrived at her home with the tragic news.
We spoke to Associate Professor Tanya Latty from the University of Sydney about her researcher. Find out more here.
A Virgin passenger is furious after travellers were left without anywhere to stay when their flight was redirected to four-and-a-half hours away.
Injured workers, union members and Labor politicians have rallied outside the Sydney office of NSW Premier Dominic Perrottet, calling the government a "disgrace" and demanding it clean up the state's embattled public insurer.Injured worker Fred Smedes tried to deliver a letter to the premier on Thursday, but was turned away by the building's concierge.
Neighbours jumped into action when a kitchen exploded in a Perth suburb, leaving a man severely injured. Find out more.
Seven of eight recommendations were accepted by the federal government after Rio Tinto blew up the 46,000-year-old Juukan Gorge caves in 2020. Source: APH
The ongoing NSW flood crisis is now Australia's most expensive natural disaster with insurers estimating $5.5 billion in claims have been lodged this year.
The unofficial deputy leader called the US 'a barking dog seized with fear' amid concerns North Korea will soon conduct its first nuclear test in five years.
Amie Walton had been battling through a devasting cancer diagnosis when she woke to find her partner, and father of her children had died suddenly. Read their story.
US stocks rallied on Tuesday in light trading volume as a sales forecast by Best Buy dampened concerns high inflation would lead to a dismal holiday shopping season while a bounce in oil prices helped lift energy shares.Best Buy Co Inc shot up as the best performing stock on the S&P; 500 index, after the retailer forecast a smaller drop in annual sales than previously announced and expressed confidence a ramp up in deals and discounts will entice more customers.
Jezael Melgoza/UnsplashIt’s late November, which means the holiday sales period has well and truly begun. If you haven’t already seen your spending go up, the possibility is looming. And you probably have some concerns about spending your money wisely. Furthermore, shopping can be a harrowing experience, and our attitudes towards money are tied up in all kinds of feelings. Based on psychology, here are three tips to improve the way you spend your hard-earned cash this holiday season. Read more:
Billions of dollars in election commitments have been accounted for as Victoria's major parties spruik their credentials to run the state's finances for the next four years.Labor promised no new taxes to cover the cost of its 81 election commitments but gave no exact timeline for the rollout of cash for more than $5 billion worth of initiatives.

source

Tinggalkan komentar

Alamat email Anda tidak akan dipublikasikan.

Masukkan angka berikut :