da betway: World Sport Group (WSG) Nimbus confirmed Saturday that they had initiatedlegal proceedings against the Board of Control for Cricket in Sri Lanka(BCCSL) following their decision to cancel a three year television, radioand sponsorship deal earlier
Cricinfo20-Oct-2001World Sport Group (WSG) Nimbus confirmed Saturday that they had initiatedlegal proceedings against the Board of Control for Cricket in Sri Lanka(BCCSL) following their decision to cancel a three year television, radioand sponsorship deal earlier this week.The sports marketing consortium revealed that it had commenced arbitrationproceedings in Singapore and had also submitted an application to the HighCourt in Colombo.A media release, states: "WSG Nimbus confirms that yesterday afternoon itfiled a Notice of Arbitration with the Singapore International ArbitrationCentre ("SIAC") commencing proceedings in connection with its agreement withthe Board of Control for Cricket in Sri Lanka (BCCSL)."It also submitted an application to the High Court in Colombo yesterday tohave the ex parte order granted there on 16th October dismissedThe BCCSL called for fresh tenders for international broadcasting rightsTuesday after advice from the Attorney General and having obtained anenjoining order from the High Court. WSG Nimbus, however, maintains that thethree-year agreement signed last December remains binding."WSG Nimbus is seeking relief from the SIAC primarily to affirm that itsagreement remains binding on the BCCSL," reads the statement issued fromSingapore."WSG Nimbus will continue to take all legal measures available to it touphold its rights under the agreement and to obtain compensation for thelosses suffered and the damage to its reputation and business caused by theactions of the BCCSL."