Law & Regulation

America’s Cup organiser sues over Hungarian scam, Prego dinner

Victoria Young
Fri, 28 Aug 2020

Emirates Team New Zealand's events arm America’s Cup Events is suing former contractor Mayo & Calder in a multi-million dollar battle over a Hungarian bank scam and a $1,200 meal at Auckland restaurant Prego.Mayo & Calder is fighting back with a countersuit alleging ACE's termination of its contract was unlawful and that ACE has damaged its reputation. Mayo & Calder wants $1.1 million for the early end to its contract and damages to be worked out at trial.ACE’s court documents, viewed by BusinessDesk, were filed...

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