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THE DAY & ZIMMERMANN GROUP, INC. v. SOC-SMG, INC.
Case Number:
2:13-cv-00234
Court:
Nature of Suit:
Judge:
Firms
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April 18, 2013
Defense Contractor Avoids Arbitration In $67M Default Row
A Pennsylvania federal judge ruled Wednesday that it was premature to send to arbitration a lawsuit accusing security contractor SOC-SMG Inc. of refusing to pay its share of a defaulted $67 million loan it took out with its partner, Day & Zimmermann Group Inc., to fund a joint venture.
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January 16, 2013
Defense Contractor Says Partner Owes Share Of $67M Loan
Global defense contractor The Day & Zimmermann Group Inc. brought suit Monday in Pennsylvania federal court seeking to get security contractor SOC-SMG Inc., its partner in a joint venture, to pay its share of a $67 million loan that defaulted.