Now that this is over! Time to make some of that money back and fight GGG.
Comments Thread For: All-Star Awarded $8.5 Mill in Canelo Case; Golden Boy Exonerated
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what a bizarre ruling.
If they are letting GBP off the hook because "there was no contract", then why does Canelo owe $8.5 million for breaching a contract that supposedly doesnt exist?
And if the found Canelo did in fact breach a contract and had to pay $8.5 million, then how is it that Golden Boy didnt "interfere" with said contract?
The 2 rulings seem to be in conflict with each other........
But there are other theories to get money namely quasi contract or unjust enrichment. This means that even if there is no enforceable contract the law allows a party to collect for a benefit conveyed on performance of the unenforceable contract. So if services were rendered the law allows reasonable compensation for those services or benefits NOT the contract rates or value of the benefits. that is likely why all star asked for a lot more but only got a third.
As for Oscar for intentional interference of business relations they have to prove that Oscar new of the all star arrangement and then still contracts to promote Canelo. The jury probably found that Oscar did not know of the agreement or the more likely scenario was that the unenforceable contract negates any possibility of interference. I.e. How to you interfere with a contract that didn't exist. There are many possibilities.Comment
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So now we know why they actually took it to court. Jury decides that GBP isn't liable for the situation and that the contract was bogus. What they did rule was that Allstar put Alvarez in position to earn the big bucks as a result of the bogus contract. Alvarez will now appeal and get the dollar amount to a lower amount.
The juries decision and amount (error of fact) will not be questioned. So if there are no errors the 8.5 million sticks. What will likely happen since neither party ant to be in court for another 6 years is that they will settle and Canelo will Likely pay 4-5 mill.Comment
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