Scarinci Hollenbeck, LLC
The Firm
201-896-4100 info@sh-law.comFirm Insights
Justice Department Files Formal Lawsuit Against Lance Armstrong
Author: Scarinci Hollenbeck, LLC
Date: May 1, 2013
Key Contacts
Back
The U.S. Justice Department filed a lawsuit against Lance Armstrong ahead of the April 23 deadline to file a formal complaint, alleging that he violated his contract with the U.S. Postal Service.
USPS paid roughly $40 million to sponsor Armstrong between 1998 and 2004, and the Justice Department argues that the cyclist violated his contract with the Postal Service by using performance-enhancing drugs to win his seven Tour de France titles, of which he was recently tripped.
The federal lawsuit names Armstrong, team director Johan Bruyneel and team management company Tailwind Sports. The Justice Department is seeking triple the damages assessed by a jury, according to The Associated Press. This may enable the government to recoup as much as $120 million from the former cyclist and cancer survivor.
“Defendants were unjustly enriched to the extent of the payments and other benefits they received from the USPS, either directly or indirectly,” read the complaint.
The AP notes that the Justice Department now bears the responsibility of proving that Armstrong both defrauded the USPS and damaged it. However, those defending Armstrong called the Justice Department’s claims “opportunistic,” noting that the USPS saw significant financial gains – roughly $139 million – a result of its sponsorship of Armstrong and his team over a four-year period. Despite these gains, the USPS contract signed by Armstrong and his team required all to follow the rules that govern cycling and his admission of using performance-enhancing drugs may be considered a sports law violation, the AP notes.
Following Armstrong’s admission of guilt, he has been banned from cycling for life, forced to step down from his Livestrong foundation and made to relinquish his titles and victories.
- Industries: Entertainment & Media
No Aspect of the advertisement has been approved by the Supreme Court. Results may vary depending on your particular facts and legal circumstances.
Related Posts
See all
Breaking Down New Jersey’s “Mansion” Tax: What Buyers and Sellers Need to Know
For many years, the New Jersey Mansion Tax has been a significant consideration in high-value real estate transactions. Recent legislative changes, however, have substantially altered how the tax operates, including who is responsible for paying it and the amount owed in certain transactions. Whether you are purchasing, selling, or investing in New Jersey real estate, […]
Author: George McGowan
Estate Planning for Digital Assets Under New Jersey Law
As our personal and financial lives increasingly move online, estate planning must evolve to address a new category of property: digital assets. From email accounts and social media profiles to cryptocurrency and cloud-stored business records, these assets often carry both financial and sentimental value. Yet, without proper planning, they can become inaccessible—or even lost—upon incapacity […]
Author: Marc J. Comer
The Role of Representation and Warranty Insurance in M&A Transactions
In today’s mergers and acquisitions market, representation and warranty (R&W) insurance has become a common feature of deal negotiations. Once used primarily in larger transactions, R&W insurance is now frequently incorporated into middle-market deals as buyers and sellers look for efficient ways to allocate risk and close deals. When structured properly, R&W insurance can help […]
Author: George McGowan
You Just Received a Federal Grand Jury Subpoena in New Jersey: Now What?
Receiving a federal grand jury subpoena is not something most businesses or individuals anticipate. While it can be concerning, a federal grand jury subpoena does not necessarily mean that you are being accused of wrongdoing. It does, however, mean that a federal criminal investigation is underway and that federal prosecutors believe you may possess information […]
Author: George McGowan
Why Every Business Should Conduct an Annual Insurance Coverage Review
Most New Jersey business owners purchase insurance policies, file them away, and assume they are protected if a claim arises. Without a regular insurance coverage review, many companies discover gaps only after a lawsuit, cyberattack, property loss, or other significant event occurs. An annual insurance coverage review can help businesses identify potential risks, ensure their […]
Author: George McGowan
Demand Letters & Cease and Desist Letters: When to Send One (and When Not To)
Businesses and individuals often encounter situations where another party breaches a contract, fails to pay a debt, or continues harmful conduct. In many such disputes, a precisely drafted demand letter or cease-and-desist letter serves as a powerful legal tool. It can frequently resolve the dispute and avoid litigation. While demand or cease-and-desist letters can resolve […]
Author: George McGowan
No Aspect of the advertisement has been approved by the Supreme Court. Results may vary depending on your particular facts and legal circumstances.
Sign up to get the latest from our attorneys!
Explore What Matters Most to You.
Consider subscribing to our Firm Insights mailing list by clicking the button below so you can keep up to date with the firm`s latest articles covering various legal topics.
Stay informed and inspired with the latest updates, insights, and events from Scarinci Hollenbeck. Our resource library provides valuable content across a range of categories to keep you connected and ahead of the curve.