New Zealand Cricket (Incorporation) v Neo Sports Broadcast PVT Ltd & Anor
The defendants failed to pay the sum due and provide the required letter of credit, entitling the claimant to terminate the Agreement and claim the outstanding debt. The alleged breaches by the claimant were not substantiated and, in fact, the discussions with third parties were instigated by Neo Sports. The defendants have no real prospect of defending the claim, and summary judgment is appropriate.
- Parties
- Claimant: New Zealand Cricket (Incorporation); 1st Defendant: Neo Sports Broadcast PVT Limited; 2nd Defendant: Nimbus Communications Limited
- Jurisdiction
- England and Wales
- Judgment Date
- 02 December 2016
- Procedural Posture
- Commercial Claim (contract/debt) / Summary Judgment Application
- Outcome
- Summary judgment granted for debt and interest; judgment for damages to be assessed.
- Legal Topics
- Summary Judgment, Breach of Contract, Guarantee Liability, Relief From Sanctions
Case Brief
Summary, issues, holding and outcome
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Parties
New Zealand Cricket (Incorporation)
Claimant
Neo Sports Broadcast PVT Limited
1st Defendant
Nimbus Communications Limited
2nd Defendant
Procedural Posture
Commercial Claim (contract/debt) / Summary Judgment Application
Legal Issues
- 1 Whether the claimant is entitled to summary judgment for the outstanding debt and interest under the Media Rights Agreement
- 2 Whether the defendants have any real prospect of defending the claim
- 3 Whether the stay of proceedings should be lifted under CPR 15.11
Ratio Decidendi
The defendants failed to pay the sum due and provide the required letter of credit, entitling the claimant to terminate the Agreement and claim the outstanding debt. The alleged breaches by the claimant were not substantiated and, in fact, the discussions with third parties were instigated by Neo Sports. The defendants have no real prospect of defending the claim, and summary judgment is appropriate.
Court Disposition
Summary judgment granted for debt and interest; judgment for damages to be assessed.
Orders
- Summary judgment for US$8,729,650 plus interest of US$1,412,110 as at 2 December 2016
- Judgment for damages to be assessed
Full Case Text
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