BearingPoint Wants $47M Contract Suit Stayed For Now

Law360, New York (March 4, 2011, 3:13 PM EST) -- Technology consulting firm BearingPoint Inc. is seeking to stay a suit against the U.S. Department of the Interior over a canceled contract and the DOI's attempted recovery of $47 million in reprocurement costs, saying an earlier suit and the company's bankruptcy case should take precedence.

BearingPoint, which emerged from bankruptcy in 2009, filed a motion to stay Thursday in the U.S. Court of Federal Claims, saying "it would be a significant waste of time and resources" for the court to proceed with the case, an appeal...
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