Friday 20 August 2010

Manny Pacquiao's Lawsuit Ongoing Vs. Floyd Mayweather, Golden Boy -- FanHouse

By Lem Satterfield, FanHouse

A lawsuit filed in late December by seven-division champion and WBO welterweight (147 pounds) titlist Manny Pacquiao, which sought compensatory and punitive damages for defamation of character, and named six-time, five-division titlist Floyd Mayweather Jr., officials from Golden Boy Promotions and others, still is ongoing, according to the lead attorney whose firm is handling the case.

At the time of the suit, which lists Richard Schaefer and Oscar De La Hoya, CEO and president, respectively, of Golden Boy Promotions, as well as Floyd Mayweather Sr., his uncle and trainer, Roger Mayweather, Pacquiao and Mayweather had been tentatively slated for a March 13 bout at the MGM Grand in Las Vegas, having agreed on a 50-50 split of the revenue, as well as eight-ounce gloves and a clash at the welterweight limit rather than a catch weight.

"The Pacquiao case is still going on. The court has motions in front of it and it hasn't made a ruling on any of them yet," said senior attorney Daniel Petrocelli, of Los Angeles-based O'Melveny and Myers law firm.

"Oscar De La Hoya's deposition was taken, and Richard Schaefer's deposition was taken limited to the motions that they filed," said Petrocelli, who gained a wrongful death civil conviction against O.J. Simpson in 1997.

"Their testimony was presented to the court in relative part and in relation to the motions that are in front of the judge right now," said Petrocelli. "We think that it will go to trial, but given how the process works, it won't be anytime this year, but probably sometime next year. There is no schedule set."

Meanwhile, the 31-year-old Pacquiao (51-3-2, 38 knockouts) is slated to face 32-year-old Antonio Margarito (38-6, 27 knockouts) on Nov. 13 at the Dallas Cowboys Stadium, where Pacquiao would pursue his record eighth crown in as many different weight classes with the WBC's vacant junior middleweight (154 pounds) crown being on the line.

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On Wednesday, Petrocelli represented Margarito during a hearing with the California State Athletic Commission and his failed attempt to regain a license that was revoked in February of 2009 stemming from a hand-wrapping scandal in relation to his ninth-round knockout loss to Shane Mosley in January of 2009. Margarito has applied for a license in Texas.

"We're involved in all aspects, but we don't know what the next step is," said Petrocelli. "We're going to be getting together with [Top Rank Promotions' CEO] Bob Arum and [Top Rank president] Todd duBoef and work all of that out. We really need to sit down and analyze what happened [Wednesday] and figure out what our next step is."

Source: boxing.fanhouse.com

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