6 Articles
6 Articles
USA Cricket Files For Bankruptcy Amid Dispute With Former Strategic Partner | The New York Ledger
U.S.A. Cricket has actually declared personal bankruptcy quickly before its court hearing with American Cricket Enterprises, up until just recently its tactical partner to run Big league Cricket, in a quote to attain “governance reforms” ahead of the Los Angeles Olympics. The embattled governing body, under suspension by the International Cricket Council, submitted under Chapter 11, Subchapter V of the U.S. Insolvency Code. It is thought to be t…
Cricket USA files for bankruptcy
The site CrickBuzz is reporting that Cricket USA, the governing body of the sport in the US, has filed for Chapter 11 bankruptcy. Already faced with suspension from the ICC, the organization was about to undergo a hearing regarding the legality of its termination of a contract with American Cricket Enterprises (ACE). ACE runs Majot Leagie Cricket and had recently sued Cricket USA for wrongful termination of that long-term commercial agreement. I…
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