09 Jun '11, 9pm

ESPN suing Profitable Plots for failing to pay up

SINGAPORE - Broadcaster ESPN Star Sports is suing landbanking firm Profitable Plots, which is under police investigation following complaints of cheating, for failing to pay close to US$4 million (S$4.9 million). While a default judgment was issued in December against Profitable Plots, after it did not appear in court, the money has not been paid to date. ESPN is also claiming damages for misrepresentation, conspiracy and fraudulent trading in the lawsuit against Profitable Plots' directors John Andrew Nordmann and Mr Timothy Nicholas Goldring, which they have denied in their defence filed in April. Court documents state that the two companies had entered into an agreement in November 2007, which entitles Profitable Plots to air its advertisements and sponsor some of ESPN's television programmes for three years. ESPN's lawyer See Chern Yang of Premier Law said the landbank...

Full article: http://www.todayonline.com/Singapore/EDC110610-0000091/ES...

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