Capriati to be repaid over $500,000 by bankrupt ex-agent

by: Kamakshi Tandon | May 14, 2014

Share to Facebook Share to Twitter Email
Share to Facebook Share to Twitter Email

AP

Jennifer Capriati will be repaid $510,701.21 by ex-agent David Sugarman as part of a bankruptcy proceeding.

Capriati was an investor in the Sugar Time ageny started by Sugarman, who declared bankruptcy in February.

Court documents cited by Radaronline.com say that he has agreed to pay back the investment security, without "Capriati having to incur expenses of litigating the issues."

The former Grand Slam champion will receive installment payments of $1,000 based on a settlement. Sugarman is reported to owe an overall total of $1.4 million.

It is another legal victory for Capriati, who also had stalking charges made against her by an ex-boyfriend dropped earlier this year.

Share to Facebook Share to Twitter Email

More Stories

Argentina's Nicolas Kicker suspended six years for fixing matches

He was ranked as high as No. 78 last year and is No. 100 this week.

Roger Federer stretches winning streak on grass to 17 in Halle

The world No. 1 beat Aljaz Bedene 6-3, 6-4 in the Gerry Weber Open on Tuesday. 

Murray loses three-setter in return at Queen's Club; Djokovic advances

The former world No. 1 came up just short in a match against Nick Kyrgios.