Chancery Rejects 'Punitive' $260M Award In AT&T Cellular Suit

By Jeff Montgomery (September 28, 2021, 10:19 PM EDT) -- A decade-old Chancery Court battle over alleged breaches of a cellphone partnership agreement that could have cost AT&T Inc. as much as $260 million ended with a $40,000 compensatory award late Tuesday after a court refused to strictly apply "disproportionate and punitive" contract remedies....

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