LAS VEGAS – The hotly anticipated superfight between Floyd Mayweather Jnr and Manny Pacquiao has taken a step closer as the two fighters settle a long-standing defamation case in Las Vegas.Fight fans around the world now hope this will pave the way for the $200million showdown in Sin City to be confirmed.Pacquiao filed the lawsuit in December 2009 seeking unspecified damages based on allegations that Floyd Mayweather Jnr defamed him by suggesting he used performance-enhancing substances.Terms of the agreement cited in documents filed in the US District Court in Las Vegas are confidential, said Malcolm LaVergne, a lawyer representing Floyd Mayweather Jnr’s father in the case.LaVergne said documents filed under seal ask US District Judge Larry R. Hicks to dismiss the lawsuit, and that others involved in the case were preparing a public statement. Documents filed publicly said each side would bear its own attorney fees and costs.‘The matter has been resolved,’ LaVergne said. ‘Any alleged terms of the resolution would be strictly confidential. Floyd Mayweather Snr is very happy that this lengthy case has finally come to a conclusion.’
