Conor McGregor and Artem Lobov Settle Whiskey Lawsuit
Conor McGregor vs. Artem Lobov whiskey lawsuit reaches settlement
Yahoo! NewsImage: Yahoo! News
Conor McGregor and Artem Lobov have settled their legal dispute over a promised stake in Proper No. Twelve Irish Whiskey. The settlement, approved by a judge, allows both parties to avoid an eight-day trial. McGregor has no ownership stake in the whiskey brand after its sale for $600 million in 2021.
- 01Conor McGregor and Artem Lobov reached a settlement in their whiskey lawsuit.
- 02Lobov claimed he was owed a 5% stake in Proper No. Twelve.
- 03The settlement was approved by a judge, avoiding an eight-day trial.
- 04McGregor made $130 million from the sale of Proper No. Twelve in 2021.
- 05All McGregor branding has been removed from the whiskey company.
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Conor McGregor and Artem Lobov have settled their lawsuit regarding a 5 percent stake in Proper No. Twelve Irish Whiskey. The settlement was approved by a judge, allowing both parties to avoid an extensive trial. Lobov accused McGregor of excluding him from the whiskey business, which was sold to Proximo Spirits for $600 million in 2021. Following the sale, McGregor earned $130 million but lost his ownership stake after being found liable for a sexual assault incident in 2018. Despite the legal battle, Lobov expressed satisfaction with the resolution outside the courtroom. Proper No. Twelve continues to operate under Proximo, but all branding associated with McGregor has been removed.
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