Overview

• USAC filed minutes before the Colorado hearing with American Cricket Enterprises, triggering an automatic stay that paused the state case and moved near‑term decisions to bankruptcy court.
• Multiple outlets report this as the first known bankruptcy by an ICC member board.
• Early court schedules show modest assets and unsecured claims totaling just over roughly $500,000.
• Current national‑team player contracts are listed as executory through December 31, 2025, placing payments and terms under court oversight.
• ACE condemned the timing and said USAC rejected its offer to keep payments flowing under a voluntary injunction, while ICC suspension and USOPC pressure on board resignations remain in effect.