About six months ago, the Duke football team backed out of a four game series with Louisville. There was a clause in the contract where if a team backed out there was a $150,000 buyout if a "team of similar stature" could not be found. Duke's attorney argued that this clause was unenforceable, because no team was of similar stature to Duke. The judge agreed:
At oral argument, Duke (with a candor perhaps more attributable to good legal strategy than to institutional modesty) persuasively asserted that this is a threshold that could not be any lower. Duke's argument on this point cannot be reasonably disputed by Louisville.
Now Fanhouse has the video and it does not disappoint.
Thursday, September 11, 2008
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