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Flo Rida's $82 million legal victory upheld against Celsius for breach of contract

Dec 12, 2024over 1 year ago

Contract Type

contract

HobokenFinancial ServicesSoftwareLending And Investments

Description

An appeals court has upheld most of rapper Flo Rida’s legal victory against energy drink maker Celsius, in a lawsuit over breach of contract regarding an endorsement deal. The court ruled in Flo Rida's favor on all three claims, related to company shares and royalties for promoting Celsius drinks.

Company Information

Company

Celsius Mining

Location

Hoboken, New Jersey, United States

About

Celsius Mining LLC was involved in cryptocurrency mining operations. Details about its specific field and focus are limited, but it has been noted as a predecessor entity in this acquisition context.

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