Disgraced football star Michael Vick is facing more legal woes after he was ordered to repay $1.1 million (GBP550,000) he borrowed to open a wine bar.
The shamed Altanta Falcons quarterback is currently serving a 23-month sentence in December for his involvement in dogfighting.
But now Vick and his business partner Gerald Jenkins are being sued over the unpaid loan, which they used to open a bar named Atlantic Wine + Spirits in May 2006.
However in August 2007, the pair failed to make payments on the loan, with bank Wachovia asserting the loan was in default because "the prospect for repayment was substantially impaired," reports Tmz.com.
The shamed Altanta Falcons quarterback is currently serving a 23-month sentence in December for his involvement in dogfighting.
But now Vick and his business partner Gerald Jenkins are being sued over the unpaid loan, which they used to open a bar named Atlantic Wine + Spirits in May 2006.
However in August 2007, the pair failed to make payments on the loan, with bank Wachovia asserting the loan was in default because "the prospect for repayment was substantially impaired," reports Tmz.com.
- 5/15/2008
- WENN
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