MSP Dentsu
Posted: Wed Jan 30, 2019 8:24 am
Of course you all remember Mind Sports Partners, now don't you? They were a subsiduary of Dentsu.
I noted with interest this interesting little snippet in the AGM minutes of the IGF.
Was this resolved? I assume that it was, because I can find no further mention of it later on.
Code: Select all
Mr. Jose Damiani, the President of IMSA, had said that a subsidy of 250,000 euros per year for five years would be paid by MPS through a contract between Mind Sports Partner (MPS) and IMSA, but this is a mistaken interpretation of the contract. There is no payment this year, and we were notified last month by MSP that the payment would be postponed until in or after April next year. Consequently, there is now a possibility that the subsidy promised to each member by IMSA of 25,000 euros for the 2nd World Mind Sports Games will not be paid. This will be confirmed at the IMSA conference and meeting with MSP to be held during the SA convention, and countermeasures will be consideredCode: Select all
Concerning the contract between Mind Sports Partners (MSP) and IMSA, the MSP representative Mr. Patrick NALLY has resigned, and Dentsu has become the representative, but concerning the contract Dentsu made the judgement that the IMSA side did not carry it out. The promised contract fee remains unpaid. Previous IMSA President Jose DAMIANI made the proposal that the annual subsidy of 250,000 Euros per year be suspended for the first year, then be paid in subsequent years, but Dentsu rejected this. The dispute will continue through the lawyers on both sides, but if no agreement is reached there is a possibility of submitting the matter to the court on Sport Arbitration (CAS). 
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