Overview

• Lobov alleges a 2017 handshake guarantee from McGregor entitled him to a 5 percent stake in the Proper No. Twelve whiskey venture
• McGregor sold the brand to Proximo Spirits for $600 million in 2021, netting about $150 million and offering Lobov $1 million in compensation that was declined
• the court ruled McGregor’s “rat” taunts constituted vulgar abuse rather than defamation and held Lobov responsible for most of the legal costs
• judges have ordered McGregor to disclose his financial records from the 2021 sale as discovery proceeds in the equity lawsuit
• a December 2025 trial date has been set to determine Lobov’s entitlement to multi-million-dollar proceeds from the Proper No. Twelve brand