Indiana Owes IBM $40M In Rumble Over $1.4B Contract: Judge

Law360, New York (January 27, 2012, 10:07 PM EST) -- An Indiana state judge on Wednesday ruled that IBM International Corp. is entitled to $40 million in subcontractor assignment fees from Indiana in a gargantuan legal battle over the state's termination of a $1.4 billion contract to overhaul the state's welfare system.

Marion Superior Court Judge David Dreyer found the state owed IBM the fees, but stayed the order until the court makes a final judgment on the merits of the remaining claims and a final determination of the parties' damages, including set-off and all other...
To view the full article, register now.
Law360 Pro Say Podcast
Check out Law360's new podcast, Pro Say, which offers a weekly recap of both the biggest stories and hidden gems from the world of law.