Saralnama: USA Cricket (USAC) filed for bankruptcy, becoming the first ICC member to do so. This move came just before a hearing in its dispute with American Cricket Enterprises (ACE). USAC's Chapter 11 filing paused legal hearings on the matter. An ACE official accused USAC of neglecting cricket and players, claiming it was driven by political motives. USAC's bankruptcy filing reveals limited assets, including bank cash and office equipment. The board refused to resign despite requests from ICC and USOPC. This development raises concerns for players, as their contract payments may face delays or renegotiation. The bankruptcy shifts key decisions from Colorado court to federal bankruptcy court, impacting the ongoing fight for injunction with ACE. (Updated 1 Oct 2025, 23:04 IST; source: link)
Key Points
- : USA Cricket (USAC) filed for bankruptcy, becoming the first ICC member to do so
- This move came just before a hearing in its dispute with American Cricket Enterprises (ACE)
- USAC's Chapter 11 filing paused legal hearings on the matter