Solar Entertainment Corp. said it will seek legal remedies if its exclusive contract with Filipino boxing champion Manny Pacquiao is breached.

Enrique dela Cruz, Jr., legal counsel for Solar Sports, said this in an interview aired on Pacquiao's media partner, GMA-7.

The lawyer for Solar also warned "third parties against tortious interference" with this contract. Dela Cruz specifically named ABS-CBN during the interview as one of the parties "na pinakialaman niya yung isang valid contract."

As of posting, Bong Osorio, head of ABS-CBN Corp. Communications, said the company will later be issuing a statement in response to Solar's threat to sue ABS-CBN.

Pacquiao announced his decision to give ABS-CBN exclusive coverage of his fights in a statement aired Wednesday over at "TV Patrol World."

“Pagkatapos kong pag-isipan, mabuti nilapitan ko ang ABS-CBN at nagpagpasyahan ko pong makipag-partner muli sa kanila,” said Pacquiao.

“Sarili ko itong desisyon,” he added. “Sa ABS-CBN mapapanood nyo ang laban ko kay Ricky Hatton at iba ko pang laban.”

Solar, however, insists that its contract with Pacquiao’s MP Productions is still in effect.

'Delayed payments'

In a text message to ANC, Solar said that Pacquiao “granted to Solar Entertainment the exclusive rights to the audio-visual presentation of all bouts of Manny Pacquiao from 07 May 2007 to 06 May 2011.”

Solar added that “Manny Pacquiao’s attempt to rescind the License Agreement without any factual or legal basis is ill-advised.”

It also warned third parties against interfering with their agreement with Pacquiao, which was dated May 7, 2007.

"Solar shall avail of all its legal remedies to the fullest extent against any undue breach of and/or tortious interference with the Licence Agreement," the Solar statement concluded.

Meanwhile, according to a report on GMA-7’s “Unang Hirit,” Solar said that it has yet to talk to Pacquiao about his decision.

It was also revealed in the report that Pacquiao has sent Solar a letter stating, "This is to inform you of the decision of the undersigned to rescind the subject contract, effective immediately. Despite repeated demands, SOLAR has failed to fulfill its obligation to pay the undersigned the stipulated fees for the subject rights.”

Pacquiao’s letter to Solar also noted that "the partial payment belatedly made yesterday is proof of the undue delay by SOLAR in the performance of its obligation.”