Lance Armstrong has avoided having to give a deposition under oath in a case relating to bonuses paid to him following three of the seven Tour de France victories he was stripped of last year – by reaching an out-of-court settlement with the insurance company that was suing him.
Acceptance Insurance Company was seeking to recover $3 million paid in bonuses that it had insured for Armstrong’s first three wins in the race, from 1999 to 2001.
The disgraced cyclist had been due to give a pre-trial deposition under oath tomorrow, but USA Today reports his attorney, Tim Herman, as saying that the action had been "resolved to the mutual satisfaction of the parties," without giving details of the settlement.
The newspaper says that under the terms of the settlement, written responses Armstrong made to questions raised by Acceptance will not now be made public.
Earlier this week, in the whistleblower case originally brought by former US Postal Service team mate and which the federal government has joined, attorney’s for Armstrong sought unsuccessfully to consolidate his depositions in that and other lawsuits he is facing.
They had argued that separate depositions in each case meant that he would be subject to questioning on similar issues from different teams of lawyers in the separate lawsuits, but the judge sitting on the federal case turned down the request.
Simon has been news editor at road.cc since 2009, reporting on 10 editions and counting of pro cycling’s biggest races such as the Tour de France, stories on issues including infrastructure and campaigning, and interviewing some of the biggest names in cycling. A law and languages graduate, published translator and former retail analyst, his background has proved invaluable in reporting on issues as diverse as cycling-related court cases, anti-doping investigations, and the bike industry. He splits his time between London and Cambridge, and loves taking his miniature schnauzer Elodie on adventures in the basket of her Elephant Bike.