Military Contractor Wants $45M For Settlement Breach

Law360, New York (October 27, 2010, 5:12 PM EDT) -- A military contractor has demanded that a rival fork over $45 million for allegedly violating a settlement agreement over the marketing and sale of a patented line of mobile storage containers.

Florida-based Grate Pallet Solutions LLC is a company formed solely to circumvent a 2004 settlement in which ITN/Grate Pallet Inc. agreed not to market or sell a line of storage units similar to Mobile Shelter Systems USA Inc.'s Storage and Transport Frame line of products, according to a complaint filed on Tuesday in the U.S....
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