There are more details leaking out in regard to Pride FC Worldwide Holdings (a.k.a. Lorenzo and Frank Fertitta, the majority owners of the UFC) filing a lawsuit in Clark County (Nevada) court last Friday against Dream Stage Entertainment, Dream Stage Holdings and DSE president Nobuyuki Sakakibara.

The Fertittas’ suit makes claims of being defrauded millions of dollars from the sale of Pride FC and Pride Bushido. So, what does that mean, you ask? Well, MMAWeekly.com is one site that has delved into some specifics:

Dream Stage was supposed to go through a background check and drug testing to ensure compliance with the regulatory requirements of the Fertittas’ gaming license in Nevada.

Operative words: GAMING LICENSE. I really don’t know how I can stress that enough. GAMING LICENSE.

It also looks like the situation could escalate further in short order, according to Sherdog.com:

A source close to DSE told Sherdog.com on Tuesday that Sakakibara was preparing his own suit against the Fertittas for breach of contract stemming from the decision to shut Pride down last October.

Perhaps the UFC vs. PRIDE feud isn’t over after all?

You know, it seems like both sides in the deal are unhappy. Why not an even exchange? Zuffa gets their money back and DSE gets PRIDE back?

Or maybe they could do the whole bizzarro dream concept on bad TV shows where someone is shown waking up and everything that took place in the past three episodes suddenly never really happened?

view original article >>
Report here if this news is invalid.

Related News

Manny Pacquiao lawsuit: 'Pac Man' sued for $5 million for not disclosing shoulder injury prior to Floyd Mayweather fight

  • 28 days ago
  • 39 views

For Pacquiao, it seems the fight has just begun. Days after coming up short in his bid to dethrone pound-for-pound king, Floyd Mayweather Jr., Manny Pacquiao is facing an entirely different fight as read news >>

Jon Fitch will 'go to hell, fight the devil in his hometown' after UFC lawsuit gets transferred to Las Vegas

  • 7 hours ago
  • 17 views

According to DMX, it's pretty hot down there. Earlier this year, mixed martial arts (MMA) fighters and former Ultimate Fighting Championship (UFC) headliners Jon Fitch, Cung Le, and Nate Quarry, amon read news >>

Leslie Smith details brawl with man outside club

  • 8 hours ago
  • 9 views

Marc Raimondi interviews the UFC bantamweight and gets her account of a brawl with a man who groped her friend outside a club. UFC women's bantamweight Leslie Smith spoke to MMA Fighting's Marc Raimo read news >>

Not lovebirds! Ronda Rousey details 'annoying' Dana White relationship rumors in new book

  • 21 days ago
  • 60 views

Long before Ultimate Fighting Championship (UFC) women's bantamweight queen Ronda Rousey broke onto the scene, landed a cover on Sports Illustrated, wrote her own book, stripped down for ESPN, and ac read news >>

Andre Arlovski Thanks Jon Jones for Preparing Him for Fight (UFC 187 Video)

  • 9 days ago
  • 152 views

Andrei Arlovski talked to the press at the UFC 187 post fight press conference after his fight with Travis Browne, saying he was thankful for training with Jon Jones. read news >>

Randy Couture explains why he never signed offer from Pride FC

  • 8 days ago
  • 52 views

The UFC Hall of Famer never made the move to the UFC's biggest rival. Find out why. In today's MMA world, there is lots of talk about a UFC monopoly, a class action lawsuit against the market leader, read news >>

Reebok explains the UFC deal from the sponsor's side

  • 26 days ago
  • 58 views

Bloody Elbow spoke to an official from Reebok to get some details about their new apparel deal with the UFC Two weeks ago I had a chance to speak to Mike Lunardelli, the Business Unit Director for Re read news >>

UFC confirms partnership with USADA, details of out-of-competition testing program

  • 33 minutes ago
  • 0 views

The UFC today announced details of its new out-of-competition testing program, set to take effect July 1, which include a minimum of 2,750 drug tests per year – or 5 potential tests for each fighter read news >>

Raphael Assuncao 'preparing for title fight' in case Dillashaw vs. Barao 2 falls through

  • 6 days ago
  • 1 views

What happens if T.J. Dillashaw and Renan Barao 2 doesn't happen this July? UFC bantamweight contender Raphael Assuncao is ready to step in. Raphael Assuncao (23-4) is perhaps a bit unfortunate to be read news >>

Lawsuit against Rampage Jackson finally settled

  • 13 days ago
  • 49 views

It was almost seven years ago when mixed martial arts (MMA) and boxing trainer Juanito Ibarra had a falling out with former Ultimate Fighting Championship (UFC) light heavyweight champion Quinton Jac read news >>