LOS ANGELES--(BUSINESS WIRE)--A JAMS arbitrator issued a ruling in favor of NBA agent Dan Fegan, denying a request for a preliminary injunction filed by International Sports and Entertainment (ISE).
The ruling was made in two arbitration proceedings regarding disputes between Mr. Fegan and ISE. The request for preliminary injunction sought to prevent Mr. Fegan from competing with ISE. In making the ruling, the arbitrator found that ISE failed to make a sufficient showing of a likelihood that it will suffer irreparable injury without injunctive relief.
Based on the arbitrator’s ruling, Mr. Fegan is free to continue providing representation and counsel to current and future NBA players, and has no restrictions on establishing his own business regardless of whether it competes with ISE.
“I am obviously pleased with the arbitrator’s ruling and glad to put the threat of the preliminary injunction behind me. This allows me to focus all of my energy on representing current and future clients,” said Mr. Fegan. “As I’ve said all along, ISE’s claims against me are outrageous and filled with false and malicious allegations. This ruling is the start of my proving just that in and out of court.”
Mr. Fegan’s attorney Howard Weitzman added, “We are pleased and gratified with the arbitrator’s decision to deny the request for a preliminary injunction. Dan Fegan has done nothing wrong and is the real victim in this case. From day one, Hank Ratner, who Dan Fegan brought to the company, has helped to orchestrate ISE’s unlawful conduct by attempting to undermine Dan Fegan and his place in the industry by, among other things, refusing to allow him to operate the basketball division pursuant to the terms of his contract and terminating him without cause.”
The arbitration between the parties will continue. “Mr. Fegan has been severely damaged by ISE and we will continue to work on his behalf in order to obtain justice in this matter,” said Mr. Weitzman.