News

Judge rules against Lance Armstrong over prize money

Judge rules against Lance Armstrong over prize money

LANCE ARMSTRONG: Dallas County Judge Tonya Parker refused to stop the original arbitration panel from considering whether Dallas-based SCA Promotions should be able to recoup the millions it paid Armstrong during his Tour de France winning streak, according to court documents filed on Wednesday. Photo: Reuters

By Lisa Maria Garza

DALLAS (Reuters) – A Texas judge has denied a request by lawyers for Lance Armstrong to block a sports insurance company from re-opening an arbitration agreement in which the firm paid $12 million in bonuses to the disgraced cyclist.

Dallas County Judge Tonya Parker refused to stop the original arbitration panel from considering whether Dallas-based SCA Promotions should be able to recoup the millions it paid Armstrong during his Tour de France winning streak, according to court documents filed on Wednesday.

SCA attorney Jeff Tillotson said on Wednesday that the panel is scheduled to meet March 17 to consider his request that Armstrong pay back the millions in prize money because he had denied under oath that his seven championships were fueled by performance-enhancing drugs.

Armstrong’s lawyers argued in court last week that the original settlement from 2006 was binding. Armstrong’s attorney Tim Herman could not be reached for comment on Wednesday.

The bonus money from SCA is for three of Armstrong’s seven Tour de France victories. The American cyclist was stripped of his titles and handed a lifetime ban in 2012 after a U.S. Anti-Doping investigation.

(Reporting by Lisa Maria Garza; Editing by Ken Wills)

Recent Headlines

9 mins ago in Sports

Fantasy sports companies defend embattled industry

Fresh
fantasysports

Daily fantasy sports companies say their industry remains viable despite a rocky start to 2016.

12 mins ago in National

Congress likely to give final OK to local Internet tax ban

Fresh
cyber

Congress is a step away from sending to President Barack Obama a bipartisan compromise that would permanently keep state and local governments from taxing access to the Internet.

23 mins ago in Sports

Vickers to replace Tony Stewart

Fresh
brianvickers

Stewart-Haas Racing has scheduled a Friday news conference to discuss its plans for the No. 14 Chevrolet.

49 mins ago in Sports

PREVIEW: AT&T Pebble Beach Pro-Am

Fresh
11-overlay-2

Brandt Snedeker will look to defend his title as 17 of the top 30 players in the FedExCup standings are in the field.

1 hour ago in Sports

Morris-Goodwin scuffle makes defeat worse for Suns

Fresh
17-overlay-7

The Phoenix Suns' season took another fractious turn on Wednesday when team mates Markieff Morris and Archie Goodwin got into a shoving match during the team’s loss to the Golden State Warriors.