Philip Morris Says Amtrak 'Cannibalized' Trains, Owes $93M
Law360 (November 8, 2019, 1:45 PM EST) -- Philip Morris alleged in New York federal court Thursday that Amtrak owes $92.9 million for breaching a $250 million contract for a fleet of trains used in the Northeast Corridor route from Washington to Boston, claiming the company took them out of commission and stripped them for parts.
Philip Morris Capital Corp. and HNB Investment Corp. alleged that National Railroad Passenger Corp., better known as Amtrak, leased eight locomotives and six high-speed trains. Amtrak ultimately claimed the trains were unreliable, but inspectors found the trains had been “cannibalized” for parts. The complaint alleges that Amtrak has denied any default and has...
Stay ahead of the curve
In the legal profession, information is the key to success. You have to know what’s happening with clients, competitors, practice areas, and industries. Law360 provides the intelligence you need to remain an expert and beat the competition.
Access to case data within articles (numbers, filings, courts, nature of suit, and more.)
Access to attached documents such as briefs, petitions, complaints, decisions, motions, etc.
Create custom alerts for specific article and case topics and so much more!