Wednesday, May 20, 2015

TNA sued by Eric Bischoff, Garret Bischoff, and Jason Hervey

Eric Bischoff, Jason Hervey, and Garret Bischoff have filed a breach of contract lawsuit against TNA Entertainment for unpaid money in the amount of $114,500.02. Prowrestling.net obtained a copy of the lawsuit that was filed on May 15, 2015 in Davidson County, Tennessee.
Hervey and Eric Bischoff are listed together under their company name of Bischoff Hervey Entertainment. They were hired on a "pay or play" basis, and claim TNA owes them $101,500 in unpaid money for January 2015 through March 2015. They are also seeking the cost of "entering this action, including reasonable attorney's fees." Hervey and Eric Bischoff served as executive producers for TNA and were given a base fee of $426,800 per year, which was payable in monthly installments.
Garret was originally part of BHE's first agreement with TNA. He signed a separate talent agreement on October 24, 2012, and claims that TNA owes him $13,000.02 in unpaid compensation for October 2014 through March 2015. Garret's deal included monthly compensation of $2,166.67 on a "play or pay basis" and an additional $500 for paid performances. Garret's contract with TNA expired on March 31, 2015.
The lawsuit states that TNA made payments in a timely manner through September 2014. BHE attorneys notified TNA on November 4, 2014 of a breach in the terms of the agreement for October pay, and advised that the company had 20 days to rectify the situation. A second notice was issued twenty days later notifying TNA that they had failed to cure the breach. TNA eventually issued payment of $101,500 "on or before January 1, 2015," according to the lawsuit. However, BHE is seeking that same amount of unpaid money for the final three months of their contract, which expired on March 31, 2015.
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