A bankruptcy judge in Texas ruled that an insurance carrier was entitled to partial summary judgment opposing the efforts of the trustee for a defunct football league to avoid payment of a contingency deposit.
Case: In re Legendary Field Expeditions, Nos. 19-50900-cag and 21-05034-cag, 02/11/2022, published.
Facts: The Alliance of American Football was a professional American football league founded in 2018. The league consisted of eight teams and played for part of the 2019 season before disbanding and filing for Chapter 7 bankruptcy protection.
During its brief existence, AAF was required...
Comments