Northrop Must Pay $3.6M To Reseller Over Contract Breach
Law360 (June 11, 2020, 5:02 PM EDT) -- Defense giant Northrop Grumman Corp. must pay KST Data Inc. $3.6 million for failing to break a purchasing agreement when the computer hardware reseller fell under a government investigation, a California federal judge ordered.
When Northrop balked at buying inventory while KST went through a government investigation, it should have stated that it was ending the purchasing agreement, rather than allowing the reseller to continue shelling out millions of dollars for equipment Northrop claimed it needed, U.S. District Judge Michael W. Fitzgerald ruled Wednesday.
"Northrop may have wished, in hindsight, that such a situation would allow it to terminate the [contract]...
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!