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5th Circ. Nixes $13M Verdict In Tech Contract Dispute

By Carolina Bolado (July 12, 2011, 5:59 PM EDT) -- The Fifth Circuit on Monday reversed a $12.5 million jury verdict in a contract dispute between technology companies Kevin M. Ehringer Enterprises Inc. and McData Services Corp., ruling the contract's "best efforts" provision was too vague to be enforceable....

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