Avaya Rips 49ers' Performance In Bid To Nix Suite Contract

Law360, New York (February 27, 2017, 8:52 PM EST) -- Telecommunications provider Avaya Holdings Inc. is seeking to back out of a 10-year commitment to license a San Francisco 49ers stadium suite, highlighting the team's recent losing seasons in a bankruptcy court filing Friday that says the $350,000 annual payments are an unnecessary burden.

Avaya, which filed for Chapter 11 protection in New York last month, is seeking a court order that wipes out the company's 10-year agreement signed in 2012 to lease an executive suite in Levi's Stadium for 49ers home games, saying the payments for tickets and other suite amenities are a burden to the debtors' estates, "without a...

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