Quote:
On Friday morning, Sherdog.com writer Josh Gross wrote the following in a new article:
The latest I hear is that Fishman is ramping up to sue Sakakibara and PRIDE in the event they default on the agreement that put Fishman in place as PRIDE USA prez … yikes.
Well, here are some additional details on the situation between PRIDE & Ed Fishman from a source close to the situation:
A falling out between Fishman & PRIDE supposedly took place on Tuesday morning, in which Fishman told PRIDE that any further contact with him should be done directly through his attorneys.
The fallout is rumoredly in regards to payment to Fishman as PRIDE USA President (in other words, a pending breach of contract). The contract between Fishman and PRIDE is allegedly a five-year contract. If PRIDE defaults on the contract with Fishman, he will go to court and sue for damages — along with trying to obtain the assets of PRIDE.
Fishman was interested in buying PRIDE to the point that he supposedly would have kept both the Japanese and American offices opened, with business running as usual (w/ additional offices added). DSE management was not interested.
With the legal process now underway, it is extremely doubtful — in my opinion — that PRIDE will run a show in America again with Fishman still under contract to them. There are a lot of details regarding the legal dispute between the two parties that may surface publicly relatively soon. The legal matter is very complicated and not a black/white case.
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ah fuck, dosnt look like well be seeing American shows now if this is true but blah. I knew Ed Fishman was a piece of shit ever since he started talking about buying PRIDE hes just been all about owning and not helping the PRIDE North American shows grow. Not to menton he talked about shortening the show to get people in to the casino's faster.
However it does beg the question what the hell could Fishman sue for? and if the UFC Is really making offers to buy PRIDE.
03-02-2007, 09:38 PM
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