Dallas-based SCA Promotions is owed $10 million by Lance Armstrong and Tailwind Sports Corp. after its lawyers asked Texas' 116th Civil District Court in Dallas to confirm an arbitration ruling, dated February 4, the Associated Press reports.

The arbitration panel, which included a neutral chairman and a two persons selected by each side, ordered Armstrong and Tailwind to pay the amount in connection with a fraud dispute it is calling an "unparalleled pageant of international perjury, fraud and conspiracy" that covered up Armstrong's use of performance-enhancing drugs.

Armstrong and the now dissolved team management company, Tailwind, was paid an estimated $12 million in bonuses during the shamed cyclist's career, which included seven Tour de France titles.

SCA's dispute of the bonuses in arbitration back in 2005 produced the core of the doping evidence that would be used against Armstrong. Amidst strong allegations of cheating, the cyclist remained firm in his stance of denial, and eventually had the company paying him $7 million in 2006.

SCA then sued Armstrong for its money back after the latter was exposed by the U.S. Anti-Doping Agency, along with a televised confession of Armstrong with Oprah Winfrey.

"Perjury must never be profitable. Tailwind Sports Corp. and Lance Armstrong have justly earned wide public condemnation. That is an adequate deterrent. Deception demands real, meaningful sanctions," the majority wrote in the decision.

According to the AP report, Armstrong argued that his original settlement could not be overturned under state law, but the arbitration said the $10 million was penalty for Armstrong's "lying and efforts to intimidate or coerce witnesses in the previous case."

"It is hard to describe how much Lance Armstrong's web of lies caused SCA, but this is a good first start toward repairing that damage," SCA president and founder Bob Hamman said praising the ruling.

The federal government is also suing Armstrong, along with former teammate Floyd Landis in a whistle blower fraud action over his former team's sponsorship contract with the Postal Service. The case will not be b=going to trial before 2016.