News
Mayweather’s Bugatti Targeted As US Court Orders Boxer To Pay Nigerian Firm $2.4m Over Contract Breach
Floyd Mayweather’s Bugatti Veyron targeted as US Court orders Boxer to pay Nigerian firm $2.4m over contract breach.
Court order follows the termination of agreement, which required the ex-US boxer to make different appearances in Africa.
Despite terminating the deal without cause, Mayweather refused to reimburse advance payment made to him for the service.
To enforce the latest judgment, USA attorneys instructed to target Mayweather’s Bugatti Veyron or his Ferrari LaFerrari Aperta.
A California Court of Appeal has upheld the ruling of a lower court, ordering Floyd Mayweather Jr., to pay a Nigerian company, Zinni Media Concept Limited, the sum of $2.4m (N4.2 billion) in damages over breach of contract and fraud.
The dispute stemed from an agreement between Zinni Media, owned by Prince Donatus Okonkwo, and Mayweather, which required the ex-US boxer to make different appearances in Africa, including one Nigeria in June 2017.
Mayweather however terminated the deal without cause and refused to reimburse advance payment made to him for the service, according to a statement signed by the company’s media executive, Alex Nwankwo (Alex Reports).
“Feeling violated and robbed, Zinni Media Ltd had no option but to seek and retain legal assistance within the USA to address the breach of contract.”
“We are grateful that two courts have granted a prayer by Zinni Media Ltd to impose terminating sanctions against Mayweather,” the statement added.
The lower court had on October 31, 2023 ordered Mayweather to pay Zinni $1,638,542 in damages, $721,881.32 in prejudgment interest, $16,270 in sanctioned attorney fees, as well as $285 in costs – totaling $2.4 million.
To enforce the latest judgement, the court instructed USA attorneys to target Mayweather’s 2015 Bugatti Veyron Grand Sport Vitesse or his 2015 Ferrari LaFerrari Aperta, both valued over the judgment amount.
-
See Also : Mark Zuckerberg, The World’s Second-richest Person, Drives A Cadillac CT5-V Blackwing Daily
-
Car Theft5 days agoFear Of Theft: Indian Man Hires Crane To Park New Mahindra SUV On Rooftop Before Traveling To Israel
-
News1 week agoMercedes-AMG CLE 646 Spezialanfertigung: Sold-Out 646-HP Collector’s Item Limited To Just 30 Units
-
Business1 week agoMate Rimac Becomes Bugatti President Following Porsche’s Exit
-
Celebrities Auto7 days agoIs This Asake’s New Ride? Inside the 1,001-HP Lamborghini Revuelto Venuum Voltoro V1 Spotted With Giran Republic Branding
-
Celebrities Auto1 week agoKarim Benzema Shows Off New $740,000 Ferrari 12Cilindri and $800,000 Lamborghini Revuelto
-
News6 days agoChevrolet Silverado EV Remains For 2027 With A Subtle Update
-
News1 week agoAston Martin AMB 002 Roadster Unveiled With 130 HP, Limited To 300 Units And Priced At €120,000
-
News5 days agoBMW iX5 Hydrogen Enters Real-World Testing Ahead Of Production, Targets 750km Range, 5-Minute Refuelling Time