Thursday, 28 March 2024, 07:10:22 pm

LCIA rules in favour of PCB in multiple arbitrations against Techfront, Blitz
January 18, 2022

File Photo

London Court of International Arbitration rules in favour of Pakistan Cricket Board in multiple arbitrations against Techfront and Blitz companies.

Pakistan Cricket Board today (Tuesday) confirmed that it has received the final awards of the arbitration proceedings initiated by it against Techfront International FZE (Techfront) as well as the two separate arbitrations filed against it by Blitz Advertising (Pvt) Limited.

The dispute relating to Techfront International FZE was on default of rights fee payments due in respect of the Television Broadcast and Live Streaming Media Rights Agreements of the HBL Pakistan Super League.

The disagreement with Blitz Advertising was on the delayed television broadcast and live streaming media rights fee payments for HBL PSL 2020 matches.

In the arbitrations, the LCIA dismissed Techfront and Blitz Advertising’s claims and directed both entities to pay to the PCB rights fees with costs.