Source: PWInsider.com
An order for Ric Flair's arrest was issued in Mecklenburg County, North Carolina after he was found in civil contempt today during a hearing. It involved him not following a mediated Settlement Agreement in the lawsuit against him by Highspots.com.
The agreement said that Flair was supposed to pay the site $35,000 as well as sign 300 photos as restitution for both sides. This would have ended the legal problems after Flair borrowed money from the site when he was doing business with them. Even though he signed the agreement, he failed to adhere to it, and so Highspots took him to court. He was ordered to adhere by April 29th.
The court ruled that Flair was "willfull civil contempt of the court." The arrest order reads: "Therefore it is ordered, adjudged and decreed that Defendant Richard Fliehr is hereby held in civil contempt for his failure to comply with the Consent Order to Enforce Settlement and that the Defendant be imprisoned for as long as he remains in civil contempt for a period not to exceed ninety (90) days from his date of imprisonment. This imprisonment shall commence on June 27, 2011 without further action of the court."
He could cancel the order by paying the aforementioned amount and returning the 300 photos. If he could not do that, he could also give the site the NWA World championship belt that he used as collateral. The belt is currently back in Flair's possession. They would then be able to sell it to get back the money they are owed. If he chooses that option, the court added that the belt needed to be "free of all liens and encumbrances." This might pose a problem since there is already one lien against Flair for the belt.
An order for Ric Flair's arrest was issued in Mecklenburg County, North Carolina after he was found in civil contempt today during a hearing. It involved him not following a mediated Settlement Agreement in the lawsuit against him by Highspots.com.
The agreement said that Flair was supposed to pay the site $35,000 as well as sign 300 photos as restitution for both sides. This would have ended the legal problems after Flair borrowed money from the site when he was doing business with them. Even though he signed the agreement, he failed to adhere to it, and so Highspots took him to court. He was ordered to adhere by April 29th.
The court ruled that Flair was "willfull civil contempt of the court." The arrest order reads: "Therefore it is ordered, adjudged and decreed that Defendant Richard Fliehr is hereby held in civil contempt for his failure to comply with the Consent Order to Enforce Settlement and that the Defendant be imprisoned for as long as he remains in civil contempt for a period not to exceed ninety (90) days from his date of imprisonment. This imprisonment shall commence on June 27, 2011 without further action of the court."
He could cancel the order by paying the aforementioned amount and returning the 300 photos. If he could not do that, he could also give the site the NWA World championship belt that he used as collateral. The belt is currently back in Flair's possession. They would then be able to sell it to get back the money they are owed. If he chooses that option, the court added that the belt needed to be "free of all liens and encumbrances." This might pose a problem since there is already one lien against Flair for the belt.
