NEW YORK, NY - Square Ring Promotions and Hitz Boxing announced today that District Court Judge Ronnie Abrams for the United States District Court for the Southern District of New York issued a 41-page final opinion and order in Oquendo vs. Terek Box Event (Case no. 14-cv-9835) awarding Oquendo damages and interest in excess of $800,000 against Chagaev’s promoter, Terek Box Event, and a permanent injunction enjoining Terek from, among other things, “promoting or managing Ruslan Chagaev in any bout for the World Boxing Association (“WBA”) World Heavyweight Championship or in any bout at which his WBA championship would be at stake, other than such a bout between Fres Oquendo and Mr. Chagaev.”
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