Scotland-based boxing manager Alex Morrison’s legal battle with Frank Warren has led him into bankruptcy.
Warren won a libel claim against Morrison in October, but the £50,000 award to him has not been paid so he took his claim to the Glasgow Sheriff Court. The Court ruled in Warren’s favour and the same Court declared Morrison bankrupt last week. Morrison was not present to hear the verdict.
The Court will now freeze his assets and an accountancy firm has been granted permission to sell them off.
Warren’s libel action was brought in the wake of Ricky Burn’s move to Eddie Hearn’s Matchroom organisation. Hearn became the former world titlist’s promoter while Morrison remained in place as manager.
A Court ruled that Burns was wrong to end his promotional agreement. Warren was awarded damages and costs. The fighter was granted the remainder of his purse from his win over Kevin Mitchell, £102,000, but the money was owed by Frank Warren Promotions, rather than Warren himself, and the company had since been liquidated. Burns declared himself bankrupt in March due to debts of over £4000,000, which was partly due to the large legal fees he accrued during his battle with his former promoter.
“I never defended the case and the only reason he brought the action against me was out of disrespect to Ricky Burns,” argued Morrison when speaking to the Dail Record.
“I didn’t bother defending it. If I had have defended the thing I would have won the case. It doesn’t bother me as I haven’t got a business, I’m retired and I don’t have any assets. My house isn’t mine and my business is in my daughter’s name and she runs it.”
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