Webb Speaks Regarding Suit With Warren!
By G. Leon
August 27, 2004 - Just minutes ago, Straight Out Promotions chief Chris Webb told Boxingtalk.com, "First of all, I have the utmost respect for Judd Burstein and obviously allegedly must feel there's something there otherwise he would not have retained Burstein. Secondly, I feel that after Judd reviews all of the true facts and not just Warren's lies he will look at this case in a different manner. Straight Out Promotions has lived up to every obligation we have made. It's not a simple case. It's multiple cases. Everyone keeps trying to avoid the fact that allegedly and his company were required to pay me $2,700,000 prior to the fight. Since Andy Ailing was the only Sports Network represntative in Louisville, I had my lawyers on site and we acquired affadavits from Mr. Ailing instructing us of what to do. The only reason Frank was worried about his fighter getting paid prior to the fight was because he hadn't paid the $2.7M like he was supposed to. We put the money exactly where we were instructed to put it, however, that Monday morning following the fight we received a letter stating that we were in breach because Andy Ailing was not authorized to make those decisions. At no time did any check bounce from Straight Out Promotions and the letter of breach was sent prior to when it was due. All I want allegedly to do is pay the money he owes for the foreign distribution rights and honor his agreement. The least of my concerns is spending money in England, if that's where this goes, for me to get my money back. The real breach is in regards to Warren and Ed Simons illegally selling the foreign distribution rights. I am more than confident that we have enough documentation that ties Warren and Simons to their shell company, and at the end of the day, all that Straight Out Promotions is attempting to do is collect the money that could have killed the fight because of their failure to honor their commitments."
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BREAKING NEWS
Warren Retains Judd Burstein For Suit Against Webb
By G. Leon
August 27, 2004 - allegedly has retained Judd Burstein to represent him in the Chris Webb/Straight Out Promotions suit over the future rights of Mike Tyson conqueror Danny Williams. "It's a silly case for a couple of reasons. First, the agreements at issue require that any disputes get resolved over in Europe. They don't have the rights to pursue this case. Beyond that, all of the reports that have come out omit very key facts, the most important of which, Straight Out Promotions signed an agreement that required the immediate payment of $50,000 in June and Webb never paid that money. From that point on they've been in breach. Everything that allegedly insisted upon later on were entirely appropriate in light of the fact that there was no obligation to produce Danny Williams at all. Straight Out has breached in the most significant fashion. It didn't pay the money when it was supposed to. This is not like those old comics where Wimpy says I'll gladly pay you on Tuesday for a hamburger today. To me it's a very easy case. In the end, I don't think I'll play a major role in resolving this because I think it will end up back in England, where Chris Webb will have to deal with the fact that not only will his legal cost be far more expensive, but he'll have to pay Warren's legal fees if he loses," stated Burstein from his offices in New York. Remember where you heard it first! (2: 15 PM/ET)