In Re Sammons
United States Bankruptcy Court, N.D. Florida
1Opinion of the Court
LEWIS M. KILLIAN, Jr., Bankruptcy Judge.
Findings of Fact
The debtor is a heavyweight boxer. On January 1, 1995, he entered into a contract with SMA Boxing, Inc. (“SMA”). The term of the contract is for the term of the debtor’s professional boxing career. Regarding compensation, the contract provided that “Steve Anderson will pay Mitchell Sammons a $5,000.00 signing bonus and a salary of $40,-000.00 a year for 1995 with semi-monthly payments as long as Sammons is in compliance with the terms of this Agreement.” Furthermore, there was testimony that the debtor could earn, conservatively, an…
2Cases cited5 opinions
- In Re Edward J. Waldron, Debtors, Shell Oil Company, Cross-Appellee v. Edward J. Waldron and Elizabeth M. Waldron, His Wife, Cross-AppellantsCourt of Appeals for the Eleventh Circuit · 1986
- In the Matter of James Taylor, Debtor. Delightful Music Ltd. v. James TaylorCourt of Appeals for the Third Circuit · 1990
- Matter of NoonanUnited States Bankruptcy Court, S.D. New York · 1982
- In Re WaldronUnited States Bankruptcy Court, S.D. Florida. · 1984
- All Blacks B v. v. GruntruckDistrict Court, W.D. Washington · 1996
3Cited by6 opinions
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- Schroeder v. United States (In Re Van Dyke)United States Bankruptcy Court, C.D. Illinois · 2002
- In Re JackUnited States Bankruptcy Court, D. Nevada · 2012
- In re Atlantic Recording Corp.New York Supreme Court · 2002
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