Entertainment & Sports,
Civil Litigation
May 31, 2022
Deal might give defunct football league players $73M
The Alliance of American Football League is in bankruptcy in Texas. Payment of the settlement is subject to the estate receiving sufficient funds.
A class of former players will receive $73 million to settle breach of contract claims with the now-defunct Alliance of American Football League if the bankrupt organization has sufficient funds.
“Lead plaintiffs and class counsel have concluded … that it is in lead plaintiffs’ best interests and in the best interests of the class to enter into this settlement to avoid the uncertainties of litigation and to assure a benefit to lead plainti...
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