Court holds back $1.5 M of Pacman’s winnings

By Balitang America staff ABS-CBN 11/30/2010 CALIFORNIA - A Texas court issued a temporary restraining order on a portion of boxing champ Manny Pacquiao’s winnings from his most recent fight, after a Filipino promoter sued the boxer for over $1.18 million in damages, reports www.fightlawyerblog.com. In his complaint, Filipino promoter Edmundo Lozano of Imperial Ed promotions claimed that Pacquiao entered into a written contract with his company to make a number of social and promotional appearances in McAllen, Texas last September. Lozano alleged that in exchange for his appearances, Pacquiao was paid $100,000, which was reportedly wired to Pacquiao’s wife Jinkee. Court documents show that Pacquiao signed the contract in General Santos City, Philippines. During Pacquiao’s promotional tour in Dallas before his most recent fight, trainer Freddie Roach reportedly told another member of the Imperial team that the boxer cannot make it to Lozano’s event, as it conflicted with training. Lozano had sent Pacquiao a demand letter. The court ordered that $1.5 million of Pacquiao’s winnings from his fight with Antonio Margarito be held back, as it deliberates on the case.