Attorney: Lance Armstrong and Dallas sports promotions company settle $10 million dispute
On September 4, attorneys representing disgraced Oak Cliff-born, Plano-raised cyclist Lance Armstrong and Dallas-based sports promotions company SCA were scheduled to meet in Judge Tonya Parker courtroom at the George L. Allen Sr. Courts Building to wrestle over $10 million in prize money an arbitration panel says Armstrong owes SCA. But at the last second, for unexplained reasons, that hearing was canceled. Now, we know why:
The lawsuit has been settled.
That is according to SCA’s attorney, Dallas’ Jeff Tillotson, who says via email Sunday afternoon that the settlment resolves the parties’ long-simmering dispute, which dates back more than a decade.
“SCA has agreed to settle its dispute with Lance Armstrong,” the LBJ Freeway-headquartered promotions company says in a brief statement. “While the terms of the settlement are confidential, SCA can say that the agreement was mutually acceptable to both parties. SCA is pleased to have this matter finally resolved and beyond this statement, SCA has no further comment.”
Read more: http://thescoopblog.dallasnews.com/2015/09/attorney-lance-armstrong-and-dallas-sports-promotions-company-settle-10-million-dispute.html/
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