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Shia LaBeouf wins lawsuit against uncle

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Press Trust of India London
Troubled actor Shia LaBeouf has apparently won a lawsuit against his uncle Barry Saide, who would have to pay him USD 800,000.

A Manhattan judge ruled that Saide, who took a loan from his actor nephew in 2009, will have to pay the borrowed amount with interest of 9 per cent in accordance with the terms of the deal, reported Daily Mirror.

As part of the initial agreement Sadie was supposed to repay the amount in 15 instalments of USD 53,333, which he could not.

Saide used the money to support his employment business during the recession period.

The judge asked the duo to settle the matter out of court after LaBeouf filed a lawsuit late last year.
 

However, the case got delayed due to lack of progress, which led the ruling to pass in favour of the actor.

Saide was ordered to pay the entire lump sum, plus interest and legal fees.

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First Published: Feb 28 2014 | 3:35 PM IST

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