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Press Release Chagaev Oquendo Injunction

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U.S. FEDERAL COURT ISSUES PRELIMINARY INJUNCTION FOR CHAGAEV VS. OQUENDO REMATCH FOR THE WBA HEAVYWEIGHT CHAMPIONSHIP

NEW YORK, NY (April 7, 2015) – Square Ring Promotions and Hitz Boxing announced today that District Court Judge Ronnie Abrams for the United States District Court for the Southern District of New York entered an order in Oquendo vs. Terek Box Event (Case no. 14-cv-9835) preliminarily enjoining the Defendant from, among other things, “promoting or managing Ruslan Chagaev in any bout for the World Boxing Association (“WBA”) World Heavyweight Championship, unless Mr. Chagaev first shall have defended his WBA heavyweight title against Fres Oquendo or vacated the WBA title.”

“I want to express my profound and sincere thanks to the Court for upholding my rights to a rematch,” said Fres Oquendo. “I went to do the fight in Gronzy last July at a point in time when I was not mentally ready because of medical complications my wife and newborn child were going through, but it was explained to me that this event was very important to the country and so when they promised me more money and an immediate rematch, that induced me to go forward with the fight even though I was not 100%. All I have been seeking in this whole process is what was promised to me. I’ve been training hard and look forward to showing the world what I can do when I am 100%.

“I also want to thank Judd Burstein and Peter Schalk and the rest of their staff who did a fantastic job on a very tight schedule and marshalling over 6,000 pages of documentary evidence. My promoter, John Wirt, had told me that they were the best boxing lawyers in the country and having been through this, I now understand why. I also want to thank my longtime advisor and confidant, Tom Tsatas, who has stood by me through all of this and my co-promoter, Bobby Hitz. Finally, I want to thank our expert witness, Bobby Goodman, who even the other side had to concede on the record was ‘one of the most respected, almost legendary figures in the boxing world.’”

“I believe that Judd’s firm now holds the record for the most number of injunctions issued over the world heavyweight title, which is a testament to his skills as the preeminent boxing attorney in the United States, ” said John Wirt, CEO of Roy Jones, Jr.’s Square Ring Promotions. I want to congratulate Judd and Peter on this historic victory. We will be reaching out to the WBA and our colleagues overseas over the next few days to see if we can now find some common ground to move forward and resolve our differences amicably.

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