Comments Thread For: Pacquiao's Lawyers Have Suit For $10 Million Under Control

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  • BIGPOPPAPUMP
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    #1

    Comments Thread For: Pacquiao's Lawyers Have Suit For $10 Million Under Control

    Well known American lawyer David Marroso is handling the case of pound-for-pound king Manny Pacquiao who is being sued by the RBM Group International for $10 million. The lawsuit was filed in the Superior Court of Los Angeles County which is regarded as the largest single unified trial court in the United States.

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  • Ray*
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    #2
    Pac was guaranteed jsut 15M for this fight???

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    • puga
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      #3
      Originally posted by Ray*
      Pac was guaranteed jsut 15M for this fight???
      yeah..JUST 15 million.....lol

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      • lfc19titles
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        #4
        Originally posted by Ray*
        Pac was guaranteed jsut 15M for this fight???
        Yeah, I said it yesterday it is low for the amount it is generation, his guarantee should be at 20m, he should also be earning around 30m in total in these fights, instead he is making around 25m for fighting marg

        Suppose he does get his perks, free private jet flights, support from Arum and his associates lets call them for political reasons

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        • Gino Ros
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          #5
          Originally posted by Ray*
          Pac was guaranteed jsut 15M for this fight???
          no. manny was guaranteed less than that.

          arum lied about the guarantee. arum has done that before. do you remember when arum said that manny's guarantee for the cotto fight was $12 million, only to have both keith kizer and the gbp lawsuit refute that with documented evidence via the contract?

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          • puga
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            #6
            Originally posted by Gino Ros
            no. manny was guaranteed less than that.

            arum lied about the guarantee. arum has done that before. do you remember when arum said that manny's guarantee for the cotto fight was $12 million, only to have both keith kizer and the gbp lawsuit refute that with documented evidence via the contract?
            and you would know..........sure!

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            • lfc19titles
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              #7
              Originally posted by Gino Ros
              no. manny was guaranteed less than that.

              arum lied about the guarantee. arum has done that before. do you remember when arum said that manny's guarantee for the cotto fight was $12 million, only to have both keith kizer and the gbp lawsuit refute that with documented evidence via the contract?
              yeah, arum would really lie about his guarantee, if he did, he would have been sued for it by manny

              gbp evidence is good as words from a crack whore....

              didnt nevada confirm pacs guarantee was 12m?

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              • Gino Ros
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                #8
                Originally posted by lfc19titles
                yeah, arum would really lie about his guarantee, if he did, he would have been sued for it by manny

                gbp evidence is good as words from a crack whore....

                didnt nevada confirm pacs guarantee was 12m?
                pacquiao's guarantees:

                cotto: 7.5 million
                hatton: 7.4 million
                oscar: 6.6 million

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                what now, pare?

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                • Gino Ros
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                  #9
                  Originally posted by lfc19titles
                  yeah, arum would really lie about his guarantee, if he did, he would have been sued for it by manny

                  gbp evidence is good as words from a crack whore....

                  didnt nevada confirm pacs guarantee was 12m?
                  Further, Golden Boy said it does not know whether Top Rank is also "seeking to defraud Pacquiao and his promotional company, M-P Promotions, or whether they are participating in the fraud and are receiving payments based upon the unreported sponsorship income."


                  Among various accounting issues that Golden Boy alleges in the Cotto fight is that Top Rank purposefully misreported "at least $6 million available to distribute" to Golden Boy and Top Rank by falsely reporting Pacquiao's purse. Golden Boy says it received accountings from the fight saying Pacquiao's purse was $15 million, but that the bout agreement on file with the Nevada State Athletic Commission, which oversaw the fight in Las Vegas, lists Pacquiao's purse as $7.5 million, raising the question of where the other $7.5 million went.


                  In addition, the suit contends that Top Rank knowingly inflated the costs of the undercard by $800,000 "in an effort to show less profit for the bout, thereby fraudulently reducing the amount of money due to GBP."

                  Golden Boy Promotions sued bitter rival promotional powerhouse Top Rank, its chairman, Bob Arum, and chief financial officer David Lopez in federal court Tuesday, accusing them of racketeering and millions of dollars in fraud.

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                  • Gino Ros
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                    #10
                    Originally posted by puga
                    and you would know..........sure!
                    see post #8, pare.

                    mabuhay!!

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