McGregor settles Proper Twelve dispute with Lobov, avoids court trial

Conor McGregor has reached a settlement with former sparring partner Artem Lobov regarding a lawsuit over McGregor's Proper No. Twelve whiskey business. Lobov had sued McGregor seeking a share of profits after McGregor reportedly sold his stake in Proper 12 to Proximo Spirits in 2021 for over $130 million. The case was scheduled for hearing in Dublin High Court on Wednesday, but Lobov's legal team confirmed that the parties had reached an agreement. McGregor's attorney read a statement expressing satisfaction with the resolution and thanking Lobov for his contribution to the whiskey business. Judge John Jordan noted that the parties reached a reasonable agreement that avoided wasting court time. Lobov stated after the hearing that he was happy with the outcome, while McGregor was not present at the proceedings.