A California appeals court has set aside a $34.2 million judgment that favored the Oakland Raiders, ruling that the football team and president Al Davis gave up their right to sue for fraud when they reworked a lease agreement with the Oakland-Alameda County Coliseum. The city of Oakland, Alameda County and the Coliseum had sued the Raiders over threats to rescind the lease and leave town. In a countersuit, the Raiders argued they were duped into signing a lease, claiming as much as $1 billion in damages.
November 21, 2006 at 12:00 AM
1 minute read
The original version of this story was published on Law.Com
Just when you thought the season couldn’t get any worse for the Oakland Raiders and team president Al Davis, it did.
In a split opinion Friday, California’s 3rd District Court of Appeal set aside a $34.2 million judgment that favored the football team, ruling that Davis and the Raiders gave up their right to sue for fraud when they reworked a 1995 lease agreement with the Oakland-Alameda County Coliseum.
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