Scarinci Hollenbeck, LLC
The Firm
201-896-4100 info@sh-law.comFirm Insights
Author: Scarinci Hollenbeck, LLC
Date: April 24, 2013
The Firm
201-896-4100 info@sh-law.comIn light of an announcement from the Big East Conference – soon to be the American Athletic Conference – that it will pursue a lawsuit against Boise State University for failing to pay the $5 million cancellation policy for exiting the conference, BSU has filed a counter lawsuit.
In a statement released by the university, BSU has requested that the court absolves it of its obligation to pay the penalty, arguing that many of the conditions it was required to meet before formally becoming part of the Big East conference were never completed.
The university listed several conditions that failed to be addressed, including the fact that the Big East lost more than 78 percent of its membership between Dec. 6, 2011, and Dec. 31, 2012, and the conference failed to add football schools west of the Mississippi River. As a result of these unaddressed challenges, in addition to several others, BSU argues that, under sports law, its contract is void.
“Boise State worked diligently to try to salvage the Big East Conference and help lead it into the future, but in the end the changes and losses proved too great to overcome,” said Boise State Athletic Director Mark Coyle.
“Boise State entered into that agreement in good faith and with a great degree of optimism, but the conference we agreed to join simply no longer exists,” said Boise State President Bob Kustra.
The conference responded to the lawsuit, and said that while the school’s legal actions are “disappointing,” it is confident that a judge will side with it and require BSU to meet its contract obligations, according to The Associated Press.
No Aspect of the advertisement has been approved by the Supreme Court. Results may vary depending on your particular facts and legal circumstances.

For many years, the New Jersey Mansion Tax has been a significant consideration in high-value real estate transactions. Recent legislative changes, however, have substantially altered how the tax operates, including who is responsible for paying it and the amount owed in certain transactions. Whether you are purchasing, selling, or investing in New Jersey real estate, […]
Author: George McGowan

As our personal and financial lives increasingly move online, estate planning must evolve to address a new category of property: digital assets. From email accounts and social media profiles to cryptocurrency and cloud-stored business records, these assets often carry both financial and sentimental value. Yet, without proper planning, they can become inaccessible—or even lost—upon incapacity […]
Author: Marc J. Comer

In today’s mergers and acquisitions market, representation and warranty (R&W) insurance has become a common feature of deal negotiations. Once used primarily in larger transactions, R&W insurance is now frequently incorporated into middle-market deals as buyers and sellers look for efficient ways to allocate risk and close deals. When structured properly, R&W insurance can help […]
Author: George McGowan

Receiving a federal grand jury subpoena is not something most businesses or individuals anticipate. While it can be concerning, a federal grand jury subpoena does not necessarily mean that you are being accused of wrongdoing. It does, however, mean that a federal criminal investigation is underway and that federal prosecutors believe you may possess information […]
Author: George McGowan

Most New Jersey business owners purchase insurance policies, file them away, and assume they are protected if a claim arises. Without a regular insurance coverage review, many companies discover gaps only after a lawsuit, cyberattack, property loss, or other significant event occurs. An annual insurance coverage review can help businesses identify potential risks, ensure their […]
Author: George McGowan

Businesses and individuals often encounter situations where another party breaches a contract, fails to pay a debt, or continues harmful conduct. In many such disputes, a precisely drafted demand letter or cease-and-desist letter serves as a powerful legal tool. It can frequently resolve the dispute and avoid litigation. While demand or cease-and-desist letters can resolve […]
Author: George McGowan
No Aspect of the advertisement has been approved by the Supreme Court. Results may vary depending on your particular facts and legal circumstances.
Consider subscribing to our Firm Insights mailing list by clicking the button below so you can keep up to date with the firm`s latest articles covering various legal topics.
Stay informed and inspired with the latest updates, insights, and events from Scarinci Hollenbeck. Our resource library provides valuable content across a range of categories to keep you connected and ahead of the curve.
Let`s get in touch!
Sign up to get the latest from the Scarinci Hollenbeck, LLC attorneys!