World Wrestling Entertainment filed a lawsuit on 1/11 in Georgia against Air, Sea and Ground, Inc., Rockford-Montgomery Labs, Inc. and the IAHL Corporation (formerly Three Sixty, Inc) alleging that after coming to terms with the company to be the presenting sponsor of Wrestlemania 23, they became delinquent in payments of agreed upon fees while continuing to portray themselves as having a relationship with WWE via their website.
The lawsuit alleges that WWE was to be paid a fee of $1,000,000 as part of a sponsorship that saw 360 OTC identified as the Wrestlemania 23 presenting sponsor and billed as the “Official Pain Relief†for the event. The filing listed a gross payment of $1,176,470.59 currently due the company.
WWE, citing that it "fully performed its obligations under the Sponsorship Agreement", alleged that the defendants, "willfully, intentionally and repeatedly refused to make the fee payments to WWE as required under the Sponsorship Agreement despite WWE’s requests for such payment and many assurances from ASGI that payment would be made."
The lawsuit alleged that while the defendants acknowledged they owed payment, they "continued to refuse" to make payments. The defendants then refused to remove WWE-related material from their website after being directed to do so by WWE in September 2007.
WWE petitioned the court, noting, "Unless injunctive relief is granted enjoining Defendants from using the WWE Intellectual Property, WWE will suffer injury to their business, good will and reputation, which injury is substantial and irreparable and cannot be adequately compensated by money damages."
WWE is asking for an injunction preventing the defendants from continuing to use WWE intellectual properties, compensatory damages to be determined via trial, a percentage of any profits the defendants have made from the WWE sponsorship, plus court costs.
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