A Texan company plans to file a lawsuit next week to recoup $12m from disgraced cyclist Lance Armstrong.
SCA Promotions insured bonuses paid to Armstrong when he claimed his fourth, fifth and sixth Tour de France wins.
The American has admitted using performance-enhancing drugs for all seven of his Tour de France wins.
"We will likely file that lawsuit as soon as next week unless we get a satisfactory response from Armstrong's camp," SCA lawyer Jeff Tillotson said.
MORE: http://www.bbc.co.uk/sport/0/cycling/21102475
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