From Pasadena Now: Kroenke Sports & Entertainment LLC and Stadco LA LLC have joined the UC Regents in asking a judge to compel arbitration of the Rose Bowl Operating Committee’s lawsuit concerning the dispute over UCLA’s contract to play at the historic venue. The RBOC and the city of Pasadena contend in their three contractual claims that UCLA is wrongfully exploring options for a new home football venue, specifically SoFi Stadium in Inglewood. In court papers filed Monday with Los Angeles Superior Court Judge Joseph Lipner, the Kroenke-Stadco lawyers say the RBOC’s claim against their client is “predicated entirely” on the contractual claims against UCLA and the UC Regents...
The Kroenke-Stadco defendants were added as defendants in an amended complaint filed Dec. 4, alleging that the UC Regents and the Kroenke-Stadco parties explored the possibility of relocating UCLA’s home football games to SoFi Stadium allegedly in breach of an agreement. A hearing on the UC Regents’ and the Kroenke-Stadco’s motions to compel arbitration is set for Jan. 22. The suit originally filed Oct. 29 seeks to enforce the terms of a lease agreement the plaintiff claims locks UCLA into playing football at the venue until 2044...
Full story at https://pasadenanow.com/main/operators-of-so-fi-stadium-join-uc-regents-in-asking-court-to-ok-arbitration-in-rose-bowl-lawsuit.
Presumably, the object is to get to arbitration and then let an arbitrator decide what dollar penalty UCLA must pay to get out of its lease. Arbitration, however, doesn't mean that the amount of penalty won't be (very) large. But hey, it's only money!
