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Tszyu ordered to pay up
SYDNEY, Australia (AP) -- Years of legal sparring between dual world super lightweight boxing champion Kostya Tszyu and his former promoter ended Wednesday when a court refused to scrap a contract between the pair. Russian-born Tszyu, the defending WBA and WBC super lightweight world titlist, had been involved in protracted legal proceedings in a bid to avoid paying Bill Mordey's Fightvision the balance of a multimillion dollar settlement. Mordey, Tszyu's former promoter, was awarded Australian dollars 7.3 million ($3.66 million) in 1998 when an Australian court ruled that Tszyu had breached a contract to fight only in bouts promoted by Fightvision, a company owned by Mordey. The figure increased to Australian dollars 8.5 million ($4.26 million), including interest, the following year when cable TV operator Sky Channel agreed to pay most of the damages after it was found to have interfered in Tszyu's contract negotiations. Tszyu was left owing Australian dollars 767,000 ($384,375), but took his case to the Industrial Relations Commission of New South Wales state in a bid to have his original contract with Fightvision declared void. The New South Wales state Supreme Court last September granted an injunction stopping Tszyu from pursuing his course of legal action. A subsequent appeal by Tszyu against the injunction was rejected Wednesday by a panel of three judges in the New South Wales Court of Appeal.
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