USACA dragged into court

PUNE (India) - North American Cricket League (NACL) has filed a multi-million dollar civil suit against the United States of America Cricket Association (USACA) in connection with the NACLs attempts to promote and organise an official USACA-sanctioned premier level Twenty20-format professional cricket league in the United States, it is learn here. According to the US-based sources, the NACL the is a sports media and entertainment company dedicated to promoting cricket throughout the world, including so-called Twenty20 format cricket in the United States. Among nine causes of action, the complaint alleges breach of contract, breach of the covenant of good faith and fair dealing, fraud, promissory estoppels, misappropriation of proprietary business information, theft of trade secrets, unjust enrichment, unfair competition, and claims under the Racketeer Influenced Corrupt Organizations Act (RICO) based on USACA and its board members acts of mail and wire fraud as a part of a fraudulent scheme to extract money from the NACL and its investors. The civil suit was filed in New York County Supreme Court, in New York. According to the complaint, the NACL and the USACA entered into negotiations for an agreement for the NACL to promote and organise an official USACA-sanctioned premier level Twenty20-format professional cricket league in the United States. The parties signed an Interim Agreement that granted the NACL an exclusive period of negotiations during which the USACA was contractually bound to cease negotiations with any third parties for the same rights that it was negotiating to license to the NACL. Instead, unbeknownst to the NACL, the USACA had already entered into a similar preliminary agreement with at least one third party in violation of the Interim Agreement. Additionally, while the NACL continued to negotiate a master agreement in good faith, the USACA had no intention of honouring the terms of the Interim Agreement and engaged in a fraudulent scheme to extract money from the NACL and its investors. The complaint further alleges that while NACL was negotiating with USACA in good faith, the USACA entered into additional agreements with third parties from which the USACA also accepted large cash payments for the licensing of the same commercial rights. The NACL alleges that its directors attended numerous meetings with members of the USACAs board of directors, who repeatedly stated at these meetings, over the phone and in email correspondence that it was negotiating in good faith and that it was not negotiating with any third parties to license a USACA sanctioned Twenty20-format professional cricket league in the United States. The complaint further alleges that the USACA, by these fraudulent statements and communications, induced the NACL to enter the Interim Agreement, make substantial monetary payments and donations, and disclose its proprietary business information and trade secrets which the USACA misappropriated to its own benefit in violation of confidentiality provisions.

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