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#BREACH: IIFA organizers hit with $7 million “Breach of Trust” lawsuit

A Florida-based travel agent is suing the organizers of the Indian International Film Awards for $7 million for breach of trust, it has emerged.

Akarsh Kolaprath, a director at a number of travel-related ventures in Orlando, brought the claim after IIFA organizers Wizcraft allegedly reneged on a deal for Mr Kolaprath to organize travel and accommodation for the dozens of Bollywood celebrities who are expected to descend on Tampa Bay, Florida later this month.

In his lawsuit, Mr Kolaprath claims that he had entered into an agreement with Wizcraft co-founders Viraf Sarkari and Andre Timmins in 2011 under the terms of which one of Mr Kolaprath’s companies would help with the logistics of the event.

Mr Kolaprath claims that he has thus far spent nearly $300,000 on making travel and hotel bookings as well as “consulting”.

Weeks before the event however, Wizcraft pulled out of the agreement and decided to “got it on their own”, Mr Kolaprath says.

As a result, Mr Kolaprath claims, his company 7M Tours – which describes itself as the “first and only Indian travel company to offer travel packages to space – has suffered losses in excess of $4 million.

Mr Kolaprath has also demanded a three percent share of the expected $17.5 million revenue from the glittering event scheduled to be held from 24 to 26 April.

A spokesman for Wizcraft rejected Mr Kolaprath’s claims and said the company would fight him in court.

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