Ex-Supplier Aimed To Send Cirrus To Bankruptcy: Suit

Law360, New York (March 22, 2010, 6:41 PM EDT) -- Airplane manufacturer Cirrus Design Corp. has launched a lawsuit against a former supplier that allegedly made false and misleading statements with the goal of inducing current suppliers to join an involuntary bankruptcy filing.

The suit, lodged Friday in the U.S. District Court for the District of Minnesota, accuses a unit of L-3 Communications Holdings Inc. of tortiously interfering with Cirrus' healthy business relations with its current aviation product suppliers.

Not only has L-3 Communications Avionics Systems Inc. falsely informed Cirrus' suppliers that the company's controlling shareholder...
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