Law360, New York (June 08, 2011, 1:33 PM ET) -- The U.S. Department of the Interior agreed Tuesday to drop a $47 million claim and instead cough up a $5 million judgment in order to settle two suits brought by once-bankrupt technology consulting firm BearingPoint Inc. over a canceled contract.
Judge Thomas C. Wheeler of the U.S. Court of Federal Claims signed off on a $5 million judgment in favor of BearingPoint, which emerged from bankruptcy in 2009, and left each side to bear its owns costs and attorneys' fees pursuant to a settlement agreement the...
DOI To Pay $5M To Settle BearingPoint Contract Suits
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