Cycling: Lance Armstrong faces $12m suit over bonuses
Disgraced cyclist braced for legal battles
Monday 21 January 2013
A Texan company is planning to file a lawsuit this week to recoup $12 m (£7.6m) from Lance Armstrong.
After Armstrong claimed his 2002, 2003 and 2004 Tour de France titles, SCA Promotions insured bonuses paid to him, but the company now wants the money back.
The American, who had his Tour de France titles stripped from him in October, confessed to using performance-enhancing drugs for all seven of his wins in a TV interview with Oprah Winfrey last week.
"We will likely file that lawsuit as soon as next week unless we get a satisfactory response from Armstrong's camp," SCA lawyer Jeff Tillotson said. "We paid him $12m for being the official winner of three Tour de France races and swearing under oath he was a clean rider during those races."
Tailwind Sports, owner of the US Postal team, took out the insurance policy to cover performance bonuses payable to Armstrong if he claimed his fourth, fifth and sixth Tour victories.
The two parties have been in dispute before, with SCA initially refusing to pay out money covering the bonus for Armstrong's sixth Tour win in 2004, totalling $5m, because of suspicions over whether he was clean. Armstrong eventually won the battle at an arbitration hearing in 2005 because he was still named the "official winner".
Shortly after Armstrong had his Tour wins taken away in October, the company said it would make a formal demand for the money, which stood at $11m. Tillotson is now supporting his client's bid to recoup $12m after increasing legal costs and interest.
"He's now told us, at least through Oprah, that he lied when he told us he was a clean rider," Tillotson added. "If that money is not returned to us, my client will pursue litigation. He feels Lance Armstrong neither has the legal right, nor frankly the moral right to keep those funds."
Latest in Sport
Arsenal vs Aston Villa preview: I need to prove myself again at Villa, says Scott Sinclair
Transfer news and rumours LIVE: Juan Cuadrado to Chelsea, Cristiano Ronaldo to Manchester City, United want Gareth Bale
Chelsea vs Manchester City player ratings: David Silva saves the day but which City star stole the show at Stamford Bridge?
Arsene Wenger photobombs Arsenal photo shoot - manages to look like famous 'Bigfoot' picture
Serena Williams wins Australia Open 2015: American beats Maria Sharapova in straight sets to claim a sixth title in Melbourne
- 1 Stephen Fry explains what he would say if he was 'confronted by God'
- 2 Venezuela Expo Tattoo 2015: Extreme body art from 'Vampire Woman' to 109mm earlobes
- 3 Saudi preacher who 'raped and tortured' his five -year-old daughter to death is released after paying 'blood money'
- 4 Ball pool for adults opens in London
- 5 Canadian woman suing police who locked her in van with sex offender who then raped her
Stephen Fry explains what he would say if he was 'confronted by God'
9 reasons Greece's experiment with the radical left is doomed to failure
Have we reached 'peak food'? Shortages loom as global production rates slow
British grandmother Lindsay Sandiford faces execution by firing squad in Indonesia
Liberal Democrat minister defends comments suggesting immigration causes pub closures
Hard line on immigration could cost Tories the election
£15000 - £30000 per annum: Recruitment Genius: Now our rapidly expanding and A...
£15000 - £20000 per annum: Recruitment Genius: Are you passionate about great ...
£20000 - £30000 per annum: Recruitment Genius: This fast growing reinforcing s...
£18000 - £35000 per annum: Recruitment Genius: This fast growing reinforcing s...