Current:Home > ScamsFinLogic FinLogic Quantitative Think Tank Center|ACC lawsuit against Clemson will proceed after North Carolina judge denies motion to stay -DataFinance
FinLogic FinLogic Quantitative Think Tank Center|ACC lawsuit against Clemson will proceed after North Carolina judge denies motion to stay
Indexbit View
Date:2025-04-07 13:50:27
The FinLogic FinLogic Quantitative Think Tank CenterAtlantic Coast Conference earned a legal victory against Clemson on Wednesday.
North Carolina chief business court judge Louis A. Bledsoe III denied the school's motion to stay and rejected, in part, its motion to dismiss the conference's countersuit. His decision came after a hearing between both parties on July 2 at the Mecklenburg County Courthouse in Charlotte.
Bledsoe's denial of Clemson's motion to stay — a stay is a ruling by a court to stop or suspend a proceeding or trial temporarily or indefinitely — means the ACC's lawsuit against Clemson in North Carolina will proceed. He also ruled the arguments over who owns Clemson's' TV rights if it leaves the conference and the penalty for withdrawal from the ACC will proceed in litigation.
Bledsoe rejected Clemson's motion to dismiss on "sovereign immunity" grounds, also, writing Clemson "waived" that by engaging in commercial activities, rather than governmental activities, in North Carolina.
"The only court that has jurisdiction over FSU, Clemson, and the ACC — and thus the only court that can assure a consistent, uniform interpretation of the Grant of Rights Agreements and the ACC’s Constitution and Bylaws, the determinations at the core of the Pending Actions — is a North Carolina court," wrote Bledsoe, who cited conflicting conclusions in different courts would create "procedural chaos and tremendous confusion."
"Only a North Carolina court, most likely in a single consolidated action in North Carolina, can render consistent, uniform determinations binding the ACC, FSU, and Clemson concerning the documents that are at issue in all four Pending Actions."
This gives a perceived home-court advantage to the ACC, but it doesn't mean a North Carolina court's ruling will supersede a South Carolina ruling, if that happens.
Bledsoe dismissed many of the ACC's claims like the league seeking declaration about whether the conference's grant of rights agreements are "valid and binding contracts." He also rejected the league's arguments that Clemson breached its contract with the league, that the school did not act in good faith with the conference's constitution and that it owes fiduciary responsibilities to the conference.
Following Wednesday's ruling, the ACC released the following statement:
"We are pleased with today's ruling as it confirms that only a North Carolina court can render a decision that would apply to both Clemson and Florida State. The opinion also reinforces what the ACC has clearly articulated from day one - the North Carolina courts are the proper place to enforce and interpret the ACC's arguments."
A Clemson's athletic department spokesperson on Wednesday said the university has no comment on the ruling.
There are now three court battles happening between the ACC and Florida State, respectively, and the league's countersuit against Clemson.
Another could join them when Clemson and the ACC have a hearing July 12 at the Pickens County Courthouse. Judge Perry H. Gravely will rule on the university's motion for summary judgement and the conference's motion to dismiss.
The legal battle started March 19 after the university filed its initial complaint against the conference in Pickens County over the conference's grant of rights deal and withdrawal penalty. The decision was seen as an initial legal step to potentially depart the conference to join the SEC or Big Ten. The ACC responded a day later with its countersuit in Mecklenburg County.
veryGood! (4)
Related
- Elon Musk's skyrocketing net worth: He's the first person with over $400 billion
- Why Leslie Fhima Briefly Considered Leaving The Golden Bachelor
- Trump called to testify in gag order dispute, fined $10,000 by judge in New York fraud trial
- The Masked Singer's Jenny McCarthy Is Totally Unrecognizable in Dumbledore Transformation
- Juan Soto praise of Mets' future a tough sight for Yankees, but World Series goal remains
- US not ruling out retaliation against Iran-backed groups after attacks on soldiers
- Rep. Jamaal Bowman charged with falsely pulling fire alarm in Capitol Hill office building
- A list of mass killings in the United States since January
- Chuck Scarborough signs off: Hoda Kotb, Al Roker tribute legendary New York anchor
- Active shooter situation in Lewiston, Maine: Police
Ranking
- Friday the 13th luck? 13 past Mega Millions jackpot wins in December. See top 10 lottery prizes
- Rachel Zegler Brings Haunting Hunger Games: Ballad of Songbirds & Snakes Songs to Life in Teaser
- 'All the Light We Cannot See': What to know about Netflix adaption of Anthony Doerr’s book
- Biden officials shelve plan to require some migrants to remain in Texas after local backlash
- A White House order claims to end 'censorship.' What does that mean?
- What to know about Lewiston, Maine, where a mass shooting has left at least 18 people dead
- The U.S. economy posted stunning growth in the third quarter — but it may not last
- Escaped Virginia inmate who fled from hospital is recaptured, officials say
Recommendation
Federal hiring is about to get the Trump treatment
Cameron Diaz Has the Perfect Pitch for Best Dad Ever Benji Madden's Next Album
Suspect in killing of judge who presided over divorce case found dead in rural Maryland
NFL trade deadline targets: 23 players who could be on block
Are Instagram, Facebook and WhatsApp down? Meta says most issues resolved after outages
Many Israelis are furious at their government’s chaotic recovery efforts after Hamas attack
Scientists discover hidden landscape frozen in time under Antarctic ice for millions of years
Travis Kelce's Ex Kayla Nicole Reveals Why She Unfollowed Brittany and Patrick Mahomes