LiveXLive $100 million lawsuit claims working with Austin McBroom was \u201cchaos\u201d Austin McBroom\/LiveXLiveLiveXLive\u2019s $100 million lawsuit against Austin McBroom officially made headlines at the end of July, and according to new details, things might not be looking good for the ACE Family patriarch. To break it down: On July 21, event organizers Simply Greatness Productions (SGP), who were behind Social Gloves, filed a lawsuit against streaming partner LiveXLive, claiming that the company failed to turn over proceeds from the event. McBroom isn\u2019t technically affiliated with SGP \u2014 on paper \u2014 but, his company Ace Hat Collection does own the \u201cSocial Gloves\u201d trademark. A few days later on July 24, LiveXLive responded with a $100 million lawsuit of their own, and new details from the court documents seem to claim McBroom and SGP were \u201cin chaos\u201d from the start. In order to avoid sifting through pages of legal documents, YouTuber Spencer Cornelia put out a video explaining the issues LiveXLive seems to have had with McBroom from practically the very beginning. Cornelia, who\u2019s covered this litigation saga since the first lawsuit was filed, doesn\u2019t think things are looking too good for the social media star, based on LiveXLive\u2019s counter suit. According to documents from LiveXLive\u2019s attorneys, SGP\u2019s handling of the Social Gloves event was \u201cin chaos\u201d almost from the start, with SGP \u201cscrambling\u201d to locate a new venue just three months before the event after MGM backed out of the deal. \u201cAustin was saved by LiveXLive numerous times throughout the planning of this event,\u201d Cornelia explained, before going on to quote LiveXLive\u2019s lawyers saying, \u201cThe financial compensation promised to some of the fighters [by SGP] was senseless.\u201d Cornelia goes over practically every facet of this case, and what seems like every single jab LiveXLive\u2019s lawyers included against SGP and McBroom, as well. We couldn\u2019t begin to cover everything they talk about in this story without another 1000 words, but the video is definitely worth a full watch to see everything that happened behind the curtains of the Social Gloves event \u2013 at least according to one side. We can\u2019t predict how the ongoing court cases will play out, with LiveXLive suing McBroom, and McBroom suing LiveXLive. But we will update you with the latest details as they happen and the lawsuits play out.<\/p>\n","protected":false},"excerpt":{"rendered":"
LiveXLive $100 million lawsuit claims working with Austin McBroom was \u201cchaos\u201d Austin McBroom\/LiveXLiveLiveXLive\u2019s $100 million lawsuit against Austin McBroom officially made headlines at the end of July, and according to new details, things might not be looking good for the ACE Family patriarch. To break it down: On July 21, event organizers Simply Greatness Productions […]<\/p>\n","protected":false},"author":2,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[1],"tags":[],"class_list":["post-53707","post","type-post","status-publish","format-standard","hentry","category-uncategorized"],"_links":{"self":[{"href":"https:\/\/dejan.au\/index.php\/wp-json\/wp\/v2\/posts\/53707","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/dejan.au\/index.php\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/dejan.au\/index.php\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/dejan.au\/index.php\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/dejan.au\/index.php\/wp-json\/wp\/v2\/comments?post=53707"}],"version-history":[{"count":0,"href":"https:\/\/dejan.au\/index.php\/wp-json\/wp\/v2\/posts\/53707\/revisions"}],"wp:attachment":[{"href":"https:\/\/dejan.au\/index.php\/wp-json\/wp\/v2\/media?parent=53707"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/dejan.au\/index.php\/wp-json\/wp\/v2\/categories?post=53707"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/dejan.au\/index.php\/wp-json\/wp\/v2\/tags?post=53707"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}