Court records say that Guyer—who was thrust into the headlines this week after an Al Jazeera report suggested his Indianapolis anti-aging clinic, The Guyer Institute, provided human growth hormone to Peyton Manning—befriended Durham after meeting him in 2000 and by 2003 was relying on him for financial support.
Fair’s bankruptcy trustee, Brian Bash, sued Guyer in June 2014 after collection efforts failed. In January, Bash agreed to accept just $35,000, court records show, which Guyer is scheduled to pay in installments through June 2016.
Bash said in court documents he agreed to the deal because he had reviewed Guyer’s personal financial statements, which indicated he lacked the ability to pay the full amount.
In addition, he said, pressing forward with the lawsuit would have involved “significant fees and costs,” in part because Guyer was asserting he previously repaid the debts. While Bash contended that was not correct, proving so would have made trying the case more complex.
“The trustee … believes the uncertainties and risks inherent in taking this matter to trial counsel in favor of settlement, particularly when considering the modest size of the recovery should the trustee prevail,” attorneys for Bash said in a court filing.
Manning has angrily denied the allegations.