T-Mobile Wrongly Hit With $7M In Damages, 3rd Circ. Hears

Law360, Philadelphia (January 14, 2014, 5:13 PM EST) -- A Delaware federal judge wrongly slapped T-Mobile USA Inc. with $7 million in damages for violating a sponsorship deal with an automotive racing team, despite stripping the agreement of a lucrative provision over access to telematics markets, an attorney for the company told the Third Circuit on Tuesday.

An attorney for T-Mobile told a three-judge panel that a February decision had forced the company to pay damages on the full value of its sponsorship deal with VICI Racing LLC in 2010 while simultaneously invalidating a provision...
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