There appears to be no end in sight to the legal tussle between Golden Boy Promotions President Oscar De La Hoya and former company CEO Richard Schaefer.
Back in June, after months of internal friction, Schaefer announced that he was leaving Golden Boy after spending more than ten years with the company.
At the end of June, Golden Boy filed a reported $50 million dollar arbitration claim against Schaefer. To date, the actual claims against Schaefer have not been specified - due to confidentiality clauses with the arbitration proceedings.
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Back in June, after months of internal friction, Schaefer announced that he was leaving Golden Boy after spending more than ten years with the company.
At the end of June, Golden Boy filed a reported $50 million dollar arbitration claim against Schaefer. To date, the actual claims against Schaefer have not been specified - due to confidentiality clauses with the arbitration proceedings.
[Click Here To Read More]
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