We use cookies on this site to enable your digital experience. By continuing to use this site, you are agreeing to our cookie policy. close

Amergence Sues Syntax-Brillian Over Olevia Deal

Law360 (April 29, 2009, 12:00 AM EDT) -- Electronics supplier Amergence Technology Inc. has filed an adversary complaint against Syntax-Brillian Corp., alleging the bankrupt television manufacturer broke an agreement to sell the Olevia brand of televisions and associated intellectual property to Amergence.

California-based Amergence lodged its breach-of-contract complaint Tuesday in the U.S. Bankruptcy Court for the District of Delaware, which is overseeing Syntax-Brillian's Chapter 11 case.

According to the complaint, Syntax-Brillian violated a March 27 asset purchase agreement in which Amergence agreed to serve as a stalking horse bidder and prospective purchaser of the...
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.