Updates to our Terms of Use

We are updating our Terms of Use. Please carefully review the updated Terms before proceeding to our website.

Monday, May 27, 2024 | Back issues
Courthouse News Service Courthouse News Service

$45 Million Claim Against Mastercard

MANHATTAN (CN) - Smartix International demands $45 million from Mastercard International, MBNA America Bank and Smartix's ex-employee Eric Petrosinelli, in a dispute over a "SmartFan" business deal with Major League Baseball, the NBA, NFL and NHL.

Smartix alleges misappropriation of trade secrets, unfair competition and conversion.

It claims that while it was negotiating with Mastercard for exclusive licensing of its "SmartFan" business plan and accompanying technology, Mastercard entered into a secret agreement with Petrosinelli to steal SmartFan and defraud Smartix of confidential information.

Smartix is represented by Neal Brickman in New York County Court.

Categories / Uncategorized

Subscribe to Closing Arguments

Sign up for new weekly newsletter Closing Arguments to get the latest about ongoing trials, major litigation and hot cases and rulings in courthouses around the U.S. and the world.

Loading...