Canelo and his Lawyers screwed up?

It look like Canelo took bad legal advise again Canelo had to pay 8.5 million for contractual breach back in 2016, it looks like Canelo screwed the pooch again as the details of the arbitration clause in the contracts have been made public.

differences, so Alvarez refiled the case in state court. Now DAZN has removed the case back to federal court and signaled that its next move will be to seek dismissal because the contracts at issue require the parties to go to private arbitration rather than any court (state or federal). A DAZN motion to dismiss will likely be filed this week. Golden Boy will probably file a motion to dismiss of its own. It is unclear why Alvarez's attorneys would file the same lawsuit on two separate occasions and wasted Alvarez's valuable time if both relevant contracts contain arbitration clauses, and even the process of letting the court decide whether the arbitration clauses are enforceable will likely take at least three months. Alvarez has not fought since November 2019.

Here is what Alvarez's attorney will have to overcome in order to avoid having the lawsuit dismissed in favor of arbitration: According to papers filed by DAZN's attorney, the federal court "has jurisdiction over this action under the Federal Arbitration Act [a federal law]... The DAZN contract [with Golden Boy] contains dispute resolution provisions which state that: '(a) This Agreement and any dispute or claim arising out of or in connection with it or its subject matter or formation (including non-contractual disputes or claims) shall be governed by and interpreted in accordance with the law of England and Wales... (b) any dispute, controversy or claim arising out of or in connection with this Agreement, whether in tort, contract, under statute or otherwise, including any question regarding its existence, validity, interpretation, breach or termination shall be finally resolved by arbitration under the Rules of Arbitration of the International Chamber of Commerce... The seat of the arbitration shall be New York, NY.”

Although more details of the Alvarez's grievance appear below, the key fact is that Alvarez is suing DAZN but has no contract with DAZN. The contract is between DAZN and Golden Boy, with Alvarez having a separate contract with Golden Boy. Alvarez claims he is a third-party beneficiary of the Golden Boy-DAZN contract, but that is a very difficult legal argument to win. DAZN's papers neatly summed up the dispute as follows: "This lawsuit arises out of a three-way dispute between a boxer, plaintiff Saul "Canelo" Alvarez; his promoter, Golden Boy Promotions and its affiliates; and a broadcaster, DAZN, consisting of four entities. The parties’ relationship is governed by two separate contracts: one between Alvarez and Golden Boy, governed by the law of the State of Nevada, and one between Golden Boy and DAZN, governed by the law of England and Wales. Each of these contracts contains an arbitration provision requiring the parties’ disputes be resolved by arbitration."

 

It''ll be hard to argue as his goldenboy contract had an arbitration clause as well he has no contract with DAZN but is claiming he is a third party through his contract with Goldenboy problem is Goldenboy is also bound by an arbitration clause . it seems like Canelo get's his legal advise from an idiot which is why he had to pay 8.5 million for another contract he did not fulfill.

'(a) This Agreement and any dispute or claim arising out of or in connection with it or its subject matter or formation (including non-contractual disputes or claims) shall be governed by and interpreted in accordance with the law of England and Wales... (b) any dispute, controversy or claim arising out of or in connection with this Agreement, whether in tort, contract, under statute or otherwise, including any question regarding its existence, validity, interpretation, breach or termination shall be finally resolved by arbitration under the Rules of Arbitration of the International Chamber of Commerce... The seat of the arbitration shall be New York, NY.”

this alone sinks it