Inter-Continental Promotions, Inc. v. William B. MacDonald Jr., and New Amsterdam Casualty Company
Court of Appeals for the Fifth Circuit
1Opinion of the Court
WISDOM, Circuit Judge:
Before a small crowd in Miami Beach, Florida, February 25, 1964, Cassius Clay (Muhammad Ali) knocked out “Sonny” Liston in the seventh round of a lackluster prize fight for the heavyweight championship of the world. Inter-Continental Promotions, Inc. owned both fighters. William B. MacDonald, the on-the-scene promoter, had agreed to pay Inter-Continental $625,000 for the live gate rights. Unfortunately for MacDonald, the gate receipts amounted to only $225,000. He turned over this amount to Inter-Continental. Inter-Continental sued for the balance. MacDonald and his…
2Cases cited18 opinions
- Lewis v. DavisTexas Supreme Court · 1947
- Simmons v. Peavy-Welsh Lumber Co.Court of Appeals for the Fifth Circuit · 1940
- Robert G. Lassiter & Co. v. TaylorSupreme Court of Florida · 1930
- Arthur H. Richland Company v. Edward A. Harper and Rose B. HarperCourt of Appeals for the Fifth Circuit · 1962
- Nussenbaum v. Chambers & Chambers Inc.Massachusetts Supreme Judicial Court · 1948
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