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Tuesday, November 21, 2006

NFL Raiders Lose Contract Fraud Dispute

Aaa_11 The Oakland Raiders of the National Football League (2-8 and firmly mired in last place) suffered another setback yesterday, when a California appellate court threw out a $34.2 million judgment the team had gained against the Oakland-Alameda County Coliseum.  Raiders had claimed that they had been duped into signing a stadium lease based on the Coliseum's "negligent misrepresentation" that that season tickets had been sold out for the 1995 season.

The appellate panel decided, by a 2-1 vote, that the Raiders had waived their rights to sue on the claim when they subsequently entered into a new lease which contained significant concessions from the Coliseum.

[Frank Snyder]

http://lawprofessors.typepad.com/contractsprof_blog/2006/11/nfl_raiders_los.html

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