It has not been the best week for Greg Cohen Promotions.
Heavyweight contender Jarrell Miller (23-0-1, 20 KOs), who is co-promoted by GCP, failed three drug tests last week, and they are also facing a series of legal battles.
According to court documents obtained by FightNights.com, cruiserweight Samuel Clarkson is suing Cohen for fraud and breach of contract in the amount of $50,000.
On Aug. 15, 2016, Clarkson signed a co-promotional agreement with GCP, along with Uprising Promotions. Around March of 2017, Cohen approached Clarkson about fighting (current WBA "Regular" light heavyweight champion Dmitry Bivol. An agreement was signed in which it was agreed that GCP would pay Clarkson $40,000 to box Bivol on April 14, 2017. Moreover, Cohen agreed to pay Uprising $10,000.
However, Cohen failed to pay Clarkson and Uprising despite being paid upwards of $90,000 by Showtime for staging the fight. Clarkson, who suffered a fourth-round stoppage at the hands of Bivol, did receive a $30,000 check from GCP but it bounced. Also, Frank had previously attempted to get a hold of Cohen, but the latter was apparently ignoring his phone calls.
Clarkson did receive a $10,000 check from Banner Promotions, which signed the required contracts and additional paper requested by the Maryland State Athletic Commission because GCP and Cohen were not licensed by the state.
The case remains active.
This is not the first time that Clarkson has tried to sue GCP. In 2016, Clarkson sued Cohen for $20,784 for the same reason, but the case was discontinued.
FightNights.com also acquired documents stemming from a recent settlement involving Cohen and Roy Jones Jr. Boxing Promotions. According to the complaint, GCP borrowed $50,000 and failed to make timely payments as required by the Settlement Agreement. Cohen lost the lawsuit and paid $42,413.90.