Gennady Golovkin Wins a Partial Court Settlement: Shopping for a Promoter
WBA middleweight champion Gennady Golovkin and Universum have reached a partial court settlement before the Higher Regional Court of Hamburg and agreed that the promotional agreement between Gennady Golovkin and Universum will definitely and irrevocably expire on November 21, 2011, at the latest. However, the court proceedings continue in order to clarify the question whether the promotional agreement between the parties expired much earlier – in January 2010 when Gennady Golovkin terminated the agreement. Golovkin’s promoter Oleg Hermann stated, “Now everybody knows that the promotional agreement between Universum and Gennady will definitely end (at the latest) on November 21th, 2011. There is a legal certainty on this matter, which is very important. We have finally achieved our goal – Genna will be a free agent.”