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Lance Armstrong's appeal to block $12M lawsuit denied

The Texas Supreme Court has denied Lance Armstrong's request to block a Dallas company's attempts to recover about $12 million US in performance bonuses it paid the cyclist during his career.

SCA Promotions wants its money back after cyclist's admitted PED use

In his court appeal, American cyclist Lance Armstrong argued he had a binding settlement with the company SCA Promotions in 2006 that should not be overturned. (George Burns/Oprah Winfrey Network via Getty Images)

The Texas Supreme Court has denied Lance Armstrong's request to block a Dallas company's attempts to recover about $12 million in performance bonuses it paid the cyclist during his career.

SCA Promotions wants its money back now that Armstrong has admitted using performance-enhancing drugs to win the Tour de France seven times.

Armstrong and the company have been in a legal dispute over the money for several years. The company alleges it was deceived by Armstrong and an arbitration panel has agreed to consider the company's case in June.

Armstrong has sought to block the arbitration review and his pending sworn testimony.

The court ruled in SCA's favour Friday.

In his court appeal, Armstrong argued he had a binding settlement with the company in 2006 that should not be overturned.