An appellate court in the United States has upheld the ruling of a lower court ordering a former World Champion Floyd Mayweather Jr., to pay a Nigerian company, Zinni Media Concept Limited the sum of N4.2 billion in damages over breach of contract and fraud.
A statement signed by the company's media executive, Alex Nwankwo ( AlexReports) says the appellate court found merit in the ruling of a lower court which found Mayweather guilty of breach of contract agreement, expressing satisfaction of the organisation over the ruling.
The agreement with Zinni Media Concept Limited requires Mayweather to make different appearances in Africa, including one Nigeria in June 2017.
He however did not fulfill a duly entered agreement but instead, terminated it without cause and refused to reimburse advance payment made by the company for the service.
The CEO Zinni Media Ltd Prince Donatus Okonkwo, had only wanted reimbursement for the company's deposits, but Mayweather and his initial set of legal representatives implied that because the company was not based in the United States, he could not make any refund, the statement noted.
"Feeling violated and robbed, Zinni Media Ltd had no option but to seek and retain legal assistance within the USA to address the breach of contract.
"After several unsuccessful attempts to recover the appearance fees from the American boxer, the company instituted a legal action against Mayweather in 2018 where it alleged breach of contract, unjust enrichment and fraud against the former champion. We are grateful that two courts have granted a prayer by Zinni Media Ltd to impose terminating sanctions against Mayweather", the statement added.
It could be recalled that on October 31, 2023, a lower court had ordered Mayweather to pay Zinni $1,638,542 in damages, $721,881.32 in prejudgment interest, $16,270 in sanctioned attorney fees, as well as $285 in costs.
Dissatisfied with the judgement, Mayweather however filed an appeal. On August 27, 2024, the California Court of Appeal upheld the ruling of the lower court.
The judgment was confirmed by court documents made available to journalists in Nigeria, dated Aug 27, 2024 and endorsed by Eva McClintock, Clerk of the Court of Appeals of the State of California.
The document is referenced (Second Appellate District, Case No. B334403; County Super. Ct. No. 19VECV00170). Okeke & Associates, PC., by Patrick I. Okeke, Esq., represented the Plaintiff and Appellant (Zinni), while the Defendant and Respondent (Mayweather) was represented by Eisner LLP, by Jeremiah Reynolds, Esq., and Benjamin Kassis, Esq.
The statement said despite the ruling of the court of appeal and finality on the case, Mayweather had still refused to pay the judgment money which continues to grow at 10% per annum.
In a bid to enforce the judgement, the court has gone ahead to instruct USA attorneys to target Mayweather’s 2015 Bugatti GSV or his 2015 Ferrari LaFerrari Aperta, both valued over the judgment amount, Zinni Media Ltd further stated in its release.
"We have already defeated Mayweather and his attorneys on numerous occasions during the proceedings so the enforcement of the judgement will be duly applied.
"Our forensic investigators have also uncovered a substantial number of Mayweather’s valued assets showing that he was very successful but clearly overstating his true net worth", the statement added.
AlexReports quoted Prince Okonkwo as reacting on if his lawyers succeed in securing the Bugatti or Ferrari, he laughed and said, “these are very fast cars, but no good roads to drive them in Nigeria”.
Prince Okonkwo a successful business mogul is a former Anambra governorship aspirant and currently the Honorary Counsel of Democratic Republic of Congo to Nigeria.
He owns the popular eatery in Nigeria, Tetrazzini Group.
He added that it was true that Bobrisky called his son, Falz, to help him with financial assistance when he was in prison, which he (Falz) refused to do.
He added that it was true that Bobrisky called his son, Falz, to help him with financial assistance when he was in prison, which he (Falz) refused to do.
trendingnigeria: In this explosive video, Asari Dokubo challenges Nnamdi Kanu's stance on Biafra, claiming that the movement is not solely for the Igbos. This heated exchange reveals deep divisions within the pro-Biafra struggle, sparking debates across Nigeria and beyond. Watch as Dokubo lays out his reasons and confronts Kanu’s leadership in this ongoing saga.
Is Biafra really an Igbo affair, or does it transcend ethnic lines?
WannaHowzit: Many of you Nairalanders call me Zulu to insult me, which defeats the purpose because I'm Sotho. So, I often laugh at you.
I am a MoSotho and I speak SeSotho. We make up roughly 8% of South Africa's population and historically originate from the snowy mountain kingdom of Lesotho which is ruled by King Letsie III, and is completely surrounded by South Africa, and our national animal is the horse.
The iconic elements of the BaSotho culture are our blankets and hats (which are featured in the Wakanda movie), as well as the horse and snowy landscapes.
It is interesting to know that there are more Basotho people in SA than in Lesotho which has a population of 2.3 million people, compared to almost 5 million in South Africa.
Most Sotho people in SA are concentrated in Lesotho's neighbouring SA provinces of the Free State, Gauteng, North West and the Eastern Cape.
The Sotho people are most related to the Tswana people of Botswana and BaPedi people found in the northern-most province of Limpopo in South Africa. The 3 groups belong to the so-called Sotho languages.
Contrary to the insults on Nairaland, Zulus belong to the Nguni group made up of other tribes including the Xhosa, Swatis from Eswatini and Ndebele from Zimbabwe.
So hope next time you're tempted to call me Zulu - you'll notice how i just don't give a dang.
Shalom.
Enjoy the pics of my Sotho people.
show evidence where Nigerians call you Zulu to insult you
Mainblockent: Wema Bank Commemorates Nigeria at 64 ...To reward 64 customers with cash prizes in The Wema Bank 5 for 5 Promo Season 4 Independence Day Special
Politics › Re: Gbemiga Memorial Education Program Awards ₦90 Million To Ogun Students by nabegibeg: 11:50am On Oct 08, 2024
who gave him that shirt to wear?
