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Jordan's Claim Against WorldCom Goes Into Overtime

Law360 (March 5, 2007, 12:00 AM EST) -- A judge overseeing the bankruptcy proceedings of WorldCom Inc. has agreed that former spokesman Michael Jordan may be owed the balance of his 10-year endorsement deal, allowing the basketball superstar to proceed with his $8 million claim.

Following motions for summary judgment from both sides, U.S. Bankruptcy Court Judge Arthur J. Gonzalez decided not to dismiss Jordan’s claim as WorldCom had hoped. Instead, Gonzalez ordered an evidentiary hearing to determine how much the telecommunications company owes Jordan.

Jordan signed an agreement with MCI in 1995. The...
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