Carl Frampton has settled his multi-million pound legal battle with his former manager and fellow Irish boxing legend Barry McGuigan.
All litigation and counterclaims were stayed on confidential terms at the High Court in Belfast.
Frampton was suing his former manager and Cyclone Promotions for alleged withheld earnings of up £6m with regard to purse fees, broadcasting rights, ticket sales and merchandising.
Frampton’s counsel argued he had been signed up to a ‘slave contract’ and saw a 30% share of Cyclone profits reneged upon.
In a seperate counter suit, McGuigan claimed Frampton, who he told the court was previously part of the family and one of the best paid super bantamweight’s in the history over boxing, was in breach of contract by leaving Cyclone in 2017.
The pair battled it out in court over 19 days, but in recent days a resolution has been reached on all areas of dispute and there is now no need for any court proceedings.
The agreement comes days after it was revealed over 10,000 emails, previously believed to be wiped and potentially relevant to the case, were found on Cyclone’s system.
The case was adjourned to allow both parties to study the emails.
Mr Justice Huddleston was then notified last night that a settlement had been reached by consent.
An order drawn up today confirmed: “All further proceedings in these actions and counterclaims be stayed upon the terms set out in the signed and dated document entitled ‘Settlement of McGuigan v Frampton Litigation’.”
No direction was made on the costs of the case.