How should the case be decided

Assignment Help Business Law and Ethics

Reference no: EM131914844

Question: In a 2013 televised interview with Oprah Winfrey, Lance Armstrong admitted to taking performance-enhancing drugs during his cycling career. Afterward, Armstrong faced several lawsuits, including one from SCA Promotions, seeking to recover approximately $12 million in bonuses it had paid Armstrong for several Tour de France victories. SCA, already suspecting Armstrong of taking performance-enhancing drugs in the 2004 Tour de France, had tried to withhold payment of his bonus for winning that race. Armstrong had sued, and the parties entered into a settlement agreement under which Armstrong received the bonus money. Under the terms of that agreement, an award that "no party may challenge, appeal or attempt to set aside." How should this case be decided? Explain.

Reference no: EM131914844

Questions Cloud

Perform a swot analysis : Look at your organization (or one similar to it) and perform a SWOT analysis. For any reason you cannot use your organization, perform SWOT analysis

Create a class that creates a formatted file : Create a class, RunnerData, that creates a formatted file that displays the mile times in "minutes:seconds" format and adds an extra column at the end

What are the accounting and npv breakeven levels of sales : What are the accounting and NPV breakeven levels of sales? How do your answers change if the firm's tax rate is 40 percent?

Select a global strategic alliance for the girl scouts : Select a global strategic alliance for the Girl Scouts. Describe a plan describing the reason for your global strategic alliance suggestion for the Girl Scouts

How should the case be decided : In a 2013 televised interview with Oprah Winfrey, Lance Armstrong admitted to taking performance-enhancing drugs during his cycling career.

Calculate the target variable cost per unit : Annual sales volume is expected to average 120,000 phones over an expected life cycle of 5 years. Calculate the target variable cost per unit

Discuss clause-time is of the essence : Wardle made a standard real estate offer to buy a house owned by Kessler. The offer contained a "time is of the essence" clause specifying that the deal.

What fraction of tires is expected to survive : a. What fraction of tires is expected to survive beyond 54,000 miles?

Determine the total of cost of goods sold : Determine the total product cost. Determine the total cost of the ending inventory. Determine the total of cost of goods sold.

User Account

All Pages