Comments Thread For: Povetkin's Promoter Claims $4.5 Million Court Win Over Wilder
According to the team behind Russian heavyweight Alexander Povetkin, they have claimed a $4.3 million court victory over WBC champion Deontay Wilder over a cancelled fight back in 2016. According to representatives from Forward Legal, working for Povetkin and his promoter company, Mir Boksa (World of Boxing), a New York court has awarded the Russian boxer's team $4.3 million, which was frozen in an escrow account after the canceled bout in May 2016, R-Sport reports on Friday. Escrow accounts involve third parties handling funds during the process of a transaction between two parties.
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According to the team behind Russian heavyweight Alexander Povetkin, they have claimed a $4.3 million court victory over WBC champion Deontay Wilder over a cancelled fight back in 2016. According to representatives from Forward Legal, working for Povetkin and his promoter company, Mir Boksa (World of Boxing), a New York court has awarded the Russian boxer's team $4.3 million, which was frozen in an escrow account after the canceled bout in May 2016, R-Sport reports on Friday. Escrow accounts involve third parties handling funds during the process of a transaction between two parties.
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