Posts tagged "major"

Trematerra, et al. v. Major League Lacrosse, LLC, et al. (Lawyers Weekly No. 09-033-17)

  COMMONWEALTH OF MASSACHUSETTS SUFFOLK, ss SUPERIOR COURT CIVIL ACTION 2017-01140-BLS2 PETER TREMATERRA & ATLANTA LACROSSE CLUB, LLC, Plaintiffs vs. MAJOR LEAGUE LACROSSE, LLC, LAX UNITED MARKETING, LLC, MLL FOUNDING MEMBERS LLC, NEW BALANCE ATHLETICS, INC., DAVID GROSS and JAMES DAVIS, Defendants MEMORANDUMOF DECISIONAND ORDER ON DEFENDANTS’MOTION TO DISMISS Major League Lacrosse, LLC (MLL or the League) operates a professional outdoor lacrosse sportsleague.  In 2014, Peter Trematerra entered into negotiations with MLL and its commissioner David Gross tointroducean Atlanta-basedteaminto the League.  After a year of negotiations, Trematerra formed Atlanta Lacrosse Club, LLC (Atlanta Lacrosse), which purchased an equity interest in MLL and began to operate a team known as the Atlanta Blaze.  In the instant action, Trematerra and Atlanta Lacrosse as the named plaintiffs allege that during these negotiations, Gross made several misrepresentations regarding MLL’s profitability and that he also failed to disclose, among other things, that the League had sold its broadcast and sponsorship rightsat far below market valueto companies owned or controlled by other MLL equity holders.  Plaintiffsfurther allege that, after Atlanta Lacrosse became a MLL member, theLeague’sBoard of Managers and Grossbreached numerousfiduciary and contractualobligations.  The defendants, which include Gross, MLL, and other individuals and entities, now 2   move to dismiss the Complaint pursuant to Mass R. Civ. P. 23.1 and 12(b)(6).  For the reasons that follow, this Court concludes that the defendants’Motion must be Denied, in partand Allowedin part. BACKGROUND The following is drawn from the allegations in the Complainttogether with the exhibits attached thereto. MLL currently has ten members, including Atlanta Lacrosse and MLL Founding Members LLC (MFM).  MFM owns five of the League’s fourteen Teams Units, which equates to 35.72 percent of the membership equity in MLL.  The remaining nine Team Units are each owned by Atlanta Lacrosse and eightother LLCs, which operate the League’s nine lacrosse teams.Defendant James Davis holds interests in some of these LLCs. EachMLLmember elects one individual to serve on MLL’s Board of Managers (the Board). Members approve or deny Board actions in proportion to their respectiveshares of equity.MLL is a Delaware LLC. In April 2008,several yearsbefore Atlanta Lacrosse became a MLL member, the League entered a Broadcast and Digital Rights License Agreement (the Broadcast Agreement) with defendant Lax United Marketing, LLC (LUM). LUM is an entity that was created to produce, market, and license television, internet streaming, and broadcast rights to League games and otherLeague promotional events. At the time, Gross, the League’s Commissioner and COO, was the president of LUM.MFM, defendant New Balance Athletics, Inc. (New Balance), and Davis, who had a controlling interest in New Balance,held equity interests in LUM.1 UndertheBroadcastAgreement, the MLL engaged LUM (among other things) to produce all League games and events and create […]

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Posted by Massachusetts Legal Resources - November 4, 2017 at 8:31 am

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Police Have ‘Major Development’ in Boston Strangler Case

Posted by Bret SilverbergIt’s been 49 years since the homicide of Mary Sullivan, but police say they have a “major development” regarding South End Patch News

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Posted by Massachusetts Legal Resources - July 11, 2013 at 3:26 pm

Categories: Arrests   Tags: , , , , ,

Another Major Project Proposed for TD Garden Area

Just three months after the city approved a 38-story mixed-use development that will be connected to TD Garden, a second major project has been proposed in that area of Boston’s West End neighborhood, also with plans to connect to the arena. Developers Boston Properties Inc. and Delaware North Companies Inc., through the Boston Garden Development Corporation, filed a letter of intent this week with the Boston Redevelopment Authority seeking to construct a mix of retail and office space, hotel rooms and up to 500 residential units on about 2.8 acres of land at 80 Causeway Street. The proposal calls for a new entrance to the arena and MBTA station, up to 300,000 sq. ft. of multi-story retail space, 500 residential units (600,000 sq. ft.), 200 hotel rooms (200,000 sq. ft.) and 600,000 sq. ft. of commercial office space, as well as 800 parking spaces in a below-grade garage, according to a fact sheet submitted with the proposal. The developer is looking to break ground on the project as early as 2014, though the plans first will have to go through large project review with the BRA and other city agencies. The proposal is the second major project in the TD Garden area to come before the BRA within the past year—in February, the board approved plans for Nashua Street Residences, a 38-story apartment and retail tower. That development, proposed by AvalonBay Communities Inc., features 503 residential units and a two story “retail arcade” that will connect to TD Garden and North Station. Construction on this project is expected to begin later this year. The newest proposal seeks to redevelop the site of the former Boston Garden, which has been used for parking since the TD Garden opened in the 1990s, according to a Boston.com report. The building’s height is not mentioned in the documents filed with the BRA on Thursday, but Boston.com speculated that the new project could reach at least 400 feet, which would put it close to the Nashua Residences project at close to 40 stories. SOUTH END PATCH: Facebook | Twitter | E-mail Updates South End Patch

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Posted by Massachusetts Legal Resources - May 20, 2013 at 2:19 pm

Categories: Arrests   Tags: , , , , ,

Part 2: Does Massachusetts Predict Employer Behavior Under Obamacare … – Forbes

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Posted by Massachusetts Legal Resources - January 31, 2013 at 1:09 pm

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Mass. Senate race awaits decision by Scott Brown – USA TODAY

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Posted by Massachusetts Legal Resources - January 31, 2013 at 12:36 am

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