Floyd Mayweather To Lose Cars After Failing To Pay $2.4 Million To A Nigerian Company

Date: 01-11-2024 9:40 pm (1 month ago) | Author: onuigbo felicia
- at 1-11-2024 09:40 PM (1 month ago)
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The California Court of Appeal upheld the ruling against Mayweather on August 27, 2024, following the initial decision by a lower court.

The lawsuit dates back to 2017, when Mayweather allegedly failed to honour his agreement to visit West Africa. Despite Zzini Media’s efforts to recover funds, the company ultimately filed a suit against the boxer in 2018, claiming breach of contract, fraud, and unjust enrichment.

According to court documents, Mayweather must pay $1,368,142 in damages, $721,881.32 in prejudgment interest, $16,270 in attorney fees, and $285 in court costs. While Mayweather’s team argued that Zzini Media’s non-U.S. status weakened their legal standing, the court dismissed this claim, finding him liable for the unpaid amount.

In response to the ruling, Alex Nwankwo, an executive at Zzini Media, said, "After several unsuccessful attempts to recover the appearance fees, the company filed a legal action against Mayweather... We are grateful that two courts have granted Zzini Media Ltd.’s request to impose sanctions against Mayweather."

Following his refusal to settle the debt, the court has issued an enforcement order permitting the seizure of two high-end vehicles in Mayweather’s collection—a 2015 Bugatti GSV or a 2015 Ferrari La Ferrari Aperta.

The Nigerian company’s statement revealed that forensic investigations had identified significant assets, casting doubt on Mayweather’s public claims regarding his net worth.

The legal battle over the high-profile endorsement deal and the serious consequences for the boxer’s financial assets if he fails to comply with the court’s judgement.

Posted: at 1-11-2024 09:40 PM (1 month ago) | Addicted Hero
- gogoman at 1-11-2024 09:52 PM (1 month ago)
(m)
scamer  Roll Eyes Roll Eyes Roll Eyes
Posted: at 1-11-2024 09:52 PM (1 month ago) | Grande Master
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- fineboy77 at 2-11-2024 07:13 AM (1 month ago)
Online (m)
 Grin Grin Grin

Posted: at 2-11-2024 07:13 AM (1 month ago) | Addicted Hero
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- Holopid at 3-11-2024 06:46 AM (1 month ago)
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Bunch of scammers,criminals!black Americans! Roll Eyes Roll Eyes Roll Eyes
that's why White Americans hate them so much
Posted: at 3-11-2024 06:46 AM (1 month ago) | Gistmaniac
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- Northrop at 4-11-2024 11:21 AM (1 month ago)
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nice, he should have asked Satanyahu for money to settle when he visited Israhell.  Grin Grin Grin
Posted: at 4-11-2024 11:21 AM (1 month ago) | Upcoming
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fire TRENDING GISTS fire

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