We would like to inform worldwide media, world boxing organizations, promotional companies, boxing managers, promoters about a problem involving Elite Boxing Promotion and DiBella Entertainment promoted by Mr. Lou DiBella.
Today, an event is scheduled in BB King Blues Club & Grill, New York, USA promoted by DiBella Entertainment where a boxer Avtandil “Tornado” Khurtsidze will have an 8-round fight vs. Allen Conyers.
Avtandil Khurtsidze has signed the contract with Elite Boxing Promotion which is valid until May 2015. This contract is still valid and effective and, in accordance with its terms, Elite Boxing Promotion has the exclusive right to act on behalf of Avtandil Khurtsidze, sign the contracts, arrange the boxing fights and get the relevant purses during the term of the Contract.
Elite Boxing Promotion has never granted the right on this fight to Avtandil Khurtsidze or DiBella Entertainment.
We informed DiBella Entertainment about the Contact, exclusivity and the whole situation. However, DiBella Entertainment had completely ignored the request of Elite Boxing Promotion.
Elite Boxing Promotion engaged one of the leading international law firms to evaluate the situation who confirmed there is a clear breach of contract.
Elite Boxing Promotion reserves all its rights to bring claim against Avtandil Khurtsidze or DiBella Entertainment.