IBM Wins Battle Over $1.4B Ind. Welfare Contract

Law360, New York (July 18, 2012, 3:15 PM EDT) -- An Indiana state judge on Wednesday rejected the state's effort to recoup $125 million from International Business Machines Corp. in a battle over a canceled $1.4 billion welfare system modernization contract.

Marion Superior Court Judge David Dreyer, in a harshly worded opinion, instead awarded $12 million to IBM, bringing the total amount Indiana owes the company to $52 million.

“Neither party deserves to win this case,” Judge Dreyer said. “This story represents a perfect storm of misguided government policy and overzealous corporate ambition. Overall, both parties...
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