Negotiated a Settlement Inclusive of a Licensing and Operating Agreement for a Dispute Between an Operator of Recreational Sporting Facilities and a Sports Technology Company
Overview
Amundsen Davis mediated and negotiated a settlement inclusive of a licensing and operating agreement, for a dispute between the client, an operator of recreational sporting facilities, and the claimant, a sports technology company. The claimant intended to sue the client based on the claimant not recouping its investment after its technology was installed at the client’s facilities; Amundsen Davis avoided litigation by negotiating the terms of an renewed operating and licensing agreement, which was incorporated in the settlement release of all parties.