The New York Appeals Court ruled Thursday that a lawsuit filed against Paddy Power Betfair following the 2018 sale of FanDuel should proceed under Scottish law.
The state’s Appellate Division of the Supreme Court ruled in 2022 that the plaintiffs didn’t have a legal claim, but the “The Appellate Division correctly concluded that Scots law applies to plaintiffs’ claims and appropriately took judicial notice of its content in resolving defendants’ motion to dismiss,” Associate New York Court of Appeals Judge Madeline Singas wrote.
FanDuel founders Nigel and Leslie Eccles and a group of 100 investors received nothing after Paddy Power purchased a $158 million majority stake in a company that turned into a sportsbook power after PASPA was overturned in 2018, allowing U.S. states to legalize sports betting.
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