TGB Promotions intervenes in Paradigm-Pacquiao case; seeks to prevent injunction

A massive legal battle will unfold on Friday, August 6, 2021 before the Superior Court of California when lawyers for Paradigm Sports Management LLC will argue its motion for the issuance of a preliminary injunction to stop the scheduled bout between Manny Pacquiao and Errol Spence, Jr. less than three weeks from now.

This developed as Judge Walter P. Schwarm of Department C19 in Orange County ruled to allow TGB Promotions LLC, the organizer of the August 21 fight, to be admitted as intervenor in the case and actively take part in Thursday’s deliberations to avoid suffering huge financial losses and embarrassment in the event Paradigm’s plea to stop it is granted.

The ruling was published on the website of the Superior Court of California, County of Orange on Monday, August 2, 2021.

Judge Schwarm noted that TGB Promotions was able to file its motion to intervene on time and persuaded the court that it had substantial financial and reputational interests at stake in the fight that might be adversely affected if it issues a preliminary injunction.

In its motion for leave to intervene, TGB Promotions said that Pacquiao had an outstanding contractual obligation with the agency to fight for a second time in a contract signed in 2018 that had undergone two amendments. Both Pacquiao and Spence had shown interest in facing each other on the ring and announced an agreement had been reached on May 21, 2021.

Since then, TGB Promotions said it had already booked the venue at the T-Mobile Arena in Las Vegas, signed a contract with Fox Sports TV for the pay-per-view coverage, and took on sponsors and advertisers.

For its part, Paradigm asked the court to require Pacquiao to deposit in an escrow account the amount of $8.1 million to guarantee payment of any damages should its petition for a preliminary injunction is not granted. At the same time, Paradigm asked the court to issue a TRO to prevent Pacquiao from entering into any other agreement to fight after Spence while the civil case is being resolved.

About Manuel "Boy" Mejorada
Manuel "Boy" Mejorada is a journalist and social media activist. A former Iloilo provincial administrator, he is now waging a crusade against corruption and narco-politics.

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