ACC, Maryland Reach Legal Agreement
Posted Aug 8, 2014
The Atlantic Coast Conference and the University of Maryland announced today they have reached a mediated agreement that ends all litigation between both parties. Maryland has agreed that the ACC will keep the sum of $31,361,788 previously withheld in order to resolve the lawsuits, and the ACC has agreed that Maryland will have no obligation to make any other payments to the ACC. In addition, the lawsuits filed in the State of North Carolina and Maryland will be dismissed.
(The ACC)
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