Currency Converter

Enter amount in full numerical value, without currency symbol or commas (ex: 3000000).


SBD Global/October 30, 2012/Franchises

Boxer Sebastion Zbik Brings Criminal Charges Against Universum Boxpromotion

German boxer Sebastian Zbik is "tired of waiting for his money and brought charges against the representatives of Universum Boxpromotion GmbH," according to Björn Jensen of the HAMBURGER ABENDBLATT. In addition, Zbik's lawyers "also requested the opening of insolvency proceedings for the once successful boxing gym." The reason for the dispute is an open liability of €190,000 ($245,000). It is the 30-year-old's "share from his world championship bout against Felix Sturm on April 13." The criminal offense was brought against Universum due to suspicion of breach of trust, embezzlement and hiding company assets. The request of insolvency proceedings "is simply a logical consequence." A provisional liquidator "is currently auditing the economic situation" of the boxing promoter (HAMBURGER ABENDBLATT, 10/26).
Return to top

Related Topics:

Franchises, Europe

Video Powered By - Castfire CMS Powered By - Sitecore

Report a Bug