The ongoing battle between Tavo Hellmund and COTA is continuing to boost the coffers of Austin legal firms.
Yesterday COTA said that Hellmund had committed in writing to arbitration to settle any dispute, but Hellmund quickly struck back by insisting that a proper court process was required.
A statement from Eric Wetzel of law firm Shipley Associates said: “If Bobby Epstein truly desires an efficient resolution of his dispute with Tavo Hellmund, as he now claims, he can simply honour the $18 million buyout agreement that he signed in September of 2011. If not, Tavo is prepared to amend his pleadings to include charges of fraud and other misdeeds, based on newly discovered evidence.
“We believe this evidence demonstrates that Mr. Epstein intended to force Tavo out of the F1 project from the beginning. As required by the September agreement signed by Mr. Epstein, these new claims will be litigated in the Travis County, Texas courts—not in a secretive arbitration proceeding.”
It will be interesting to learn where Bernie Ecclestone stands on the matter – and whether his patience will eventually run out…
Adam Cooper F1 
Good fun. Guess F1 and USA don’t mix, aye?
It will be interesting to learn where Bernie Ecclestone stands on the matter – and whether his patience will eventually run out…
That is the game changer is it. I would think we might hear something by the end of June from El Supremo
Oh well off to see if I’m smart enough get the dvr turned on to watch another boring street race;)