Whirlpool Counterclaim Kept In Fastener Contract Spat

Law360, New York (February 18, 2010, 2:25 PM EST) -- Whitesell Corp. has lost its bid to toss Whirlpool Corp.'s breach of contract counterclaim in Whitesell's suit accusing the washing machine maker of failing to fulfill its obligations under an agreement to buy Whitesell's fasteners.

Judge Robert Holmes Bell of the U.S. District Court for the Western District of Michigan on Tuesday denied Whitesell's motion for judgment as a matter of law on Whirlpool's counterclaim pertaining to the alleged breach of the total cost productivity provision of the parties' contract, ruling that Whirlpool had presented enough...
To view the full article, register now.

UK Financial Services

UK Financial Services

Read Our Latest UK Financial Services Coverage

Financial Services Law360 UK provides breaking news and analysis on the financial sector. Coverage includes UK and European Union policy, enforcement, and litigation involving banks, asset management firms, and other financial services organizations.