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Proximo Spirits

All articles tagged with #proximo spirits

business1 month ago•2 min saved

McGregor and Lobov settle over Proper No. 12 profits

Conor McGregor and Artem Lobov have reached a settlement in a lawsuit over Lobov’s claimed 5% share of the profits from the sale of Proper No. 12. Lobov had argued there was a verbal agreement to reward his help in launching the whiskey; McGregor denied such an agreement. Proper No. 12 was sold to Proximo Spirits for $600 million in 2021, with McGregor reportedly earning over $100 million from the deal. The terms of the settlement were not disclosed, and the case was slated to go to trial before the agreement was reached. McGregor is reportedly focused on a UFC comeback, with July’s UFC 329 in Las Vegas anticipated as a headlining event.

via MMA Fighting|

#artem-lobov #business #conor-mcgregor

sports1 year ago•1 min saved

Conor McGregor Faces Fallout After Civil Rape Case Verdict

Conor McGregor has been dropped by Proximo Spirits and IO Interactive following a civil court ruling in Ireland that found him liable for assault and ordered him to pay €250,000 to a woman who accused him of rape. Proximo Spirits will no longer use McGregor's name or image in marketing for Proper No 12 whiskey, and IO Interactive will remove his content from their Hitman game. The case involved allegations of a 2018 assault in a Dublin hotel, which McGregor denied, claiming the encounter was consensual.

via The Guardian|

#civil-court-ruling #conor-mcgregor #io-interactive

business1 year ago•1 min saved

Conor McGregor Faces Business Fallout Amid Legal Troubles

Conor McGregor has been dropped by Proper No. Twelve, the Irish whiskey brand he co-founded, following a civil court ruling that found him liable for sexual assault. Proximo Spirits, the brand's owner, announced it will no longer use McGregor's name or likeness in marketing. This decision comes after several retailers removed the whiskey from shelves and other business partnerships with McGregor were terminated. McGregor plans to appeal the court's decision.

via CNN|

#business #conor-mcgregor #irish-whiskey

sports1 year ago•1 min saved

Conor McGregor Faces Backlash and Sponsorship Loss After Civil Verdict

Proximo Spirits and IO Interactive have severed ties with Conor McGregor after a civil court in Ireland ruled he must pay nearly $257,000 to a woman who accused him of rape. Proximo Spirits will no longer use McGregor's name or image for its Proper No. 12 whiskey, and IO Interactive will remove his content from its 'Hitman' game. The jury found McGregor liable for assault in a case where the woman claimed he raped her in 2018.

via Yahoo Finance|

#civil-court-ruling #conor-mcgregor #io-interactive

business1 year ago•2 min saved

Conor McGregor Faces Backlash and Business Fallout After Verdict

Conor McGregor has been dropped by Proper No. 12 Irish Whiskey, a brand he co-founded, following a court ruling that found him liable for sexual assault. Proximo Spirits, the brand's owner, announced it will no longer use McGregor's name or likeness in marketing. This decision follows McGregor's sale of his majority stake in the company for $600 million in 2021. Other brands, including Musgrave and IO Interactive, are also distancing themselves from McGregor in light of the ruling. McGregor has expressed regret for his actions but maintains his innocence and plans to appeal.

via New York Post |

#brand-removal #business #conor-mcgregor

business1 year ago•1 min saved

Conor McGregor Faces Backlash and Legal Challenges After Assault Verdict

Proper Twelve whiskey has severed ties with Conor McGregor following a jury ruling that found him liable for a 2018 sexual assault, resulting in a $260,000 damages payment. Proximo Spirits, the brand's parent company, announced it will no longer use McGregor's name or likeness in marketing. This decision follows another company, IO Interactive, also cutting ties with McGregor. McGregor plans to appeal the ruling, while the UFC has not commented on the situation.

via MMA Junkie|

#brand-partnership #business #conor-mcgregor

business1 year ago•2 min saved

Conor McGregor Faces Backlash: Whiskey Pulled Amid Sexual Assault Verdict

Conor McGregor has been removed as the face of Proper No. Twelve Irish Whiskey following a High Court jury's finding that he was liable for a 2018 sexual assault, resulting in a $250,000 damages payment. Proximo Spirits, the brand's owner, announced they will no longer use McGregor's likeness in marketing. Major Irish retailers, including Tesco and SuperValu, have pulled McGregor's alcohol products from their shelves, possibly influenced by the Rape Crisis Network Ireland's call to distance from McGregor. Additionally, IO Interactive is removing McGregor from its video game, Hitman: World of Assassination.

via MMA Fighting|

#business #conor-mcgregor #proper-no-twelve