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Flair sued by Highspots

Posted: Aug 5th 2010 By: mikeiles

Highspots.com's owner and parent company, Michael Bochicchio and Highspots, Inc. have filed a lawsuit against TNA star Ric Flair in the Superior Court of North Carolina,. The lawsuit was filed over the ongoing issues regarding money Flair allegedly owes Highspots and the original National Wrestling Alliance World Heavyweight championship belt, which Highspots claimed they were given as collateral for the loan. Highspots has maintained possession of the belt and have previously tried to sell the belt to make up the amount they have alleged Flair owes them, only to learn that another entity, Combraco, Inc., already held a lien on the property for money Flair owes them.

Highspots is suing, claiming they are owed $35,000 from money lent to Flair, as well as money spent on photos and other materials created in conjunction with Flair appearances. They are also claiming they are owed one more appearance contractually by Flair, plus interest on money owed.

Tags: Ric Flair, TNA, NWA