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Machine Tools Co. Says Distribution Deal Was Wrongly Axed

Law360 (April 13, 2018, 8:30 PM EDT) -- A U.S. machine tools distributor urged a Wisconsin federal court Thursday to find that a Korean manufacturer improperly tried to terminate their multimillion-dollar distribution deal, and to nix a clause stipulating that their disputes would be arbitrated in a nonexistent South Korean forum.

Dynamic Intl of Wisconsin Inc. told the court it and SMEC Co. Ltd. had enjoyed a highly profitable working relationship until the Korean company came under new leadership and began having trouble filling Dynamic's purchase orders. Thereafter, their relationship soured. In December, SMEC...
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