Textor (Appellant/Defendant) v Iconic Sports Eagle Investment LLC (Respondent/Claimant)
Автор: Royal Courts of Justice Court 69
Загружено: 2026-01-21
Просмотров: 4480
Wednesday 21 January 2026
Before Lord Justice Popplewell
Lord Justice Phillips
Lord Justice Miles
By Appellant’s Notice filed on 7 November 2025 the Appellant seeks to appeal the decision of the High Court delivered on 17 October 2025 following an expedited trial.
The dispute arises from a Put Option Agreement dated 16 November 2022 between Iconic Sports Eagle Investment LLC (“Iconic”) and the Appellant, founder and majority shareholder of Eagle Football Holdings Limited (“Eagle”). Iconic invested US $75 million in Eagle in late 2021, expecting a De-SPAC transaction via Iconic Sports Acquisition Corp. When the De-SPAC failed, Iconic exercised its contractual right under the Put Option Agreement on 26 July 2023, requiring the Appellant to purchase Iconic’s shares for the Aggregate Option Price (US $75 million plus interest) by 26 July 2024. The Appellant did not pay, leading Iconic to commence proceedings for specific performance. The Appellant contended that his obligation to pay was conditional on Iconic first delivering completion documents, and that Iconic was not ready to perform.
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