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Publisher Description

Bayer Corporation, now known as Bayer MaterialScience L.L.C., appeals from a judgment awarding damages to DX Terminals, Ltd. DX sued Bayer for breach of contract, alleging Bayer failed to comply with an agreement for the sale of caustic soda from Bayer to DX. DX also claimed that Bayer intentionally interfered with DXs contractual relationship with one of its customers. In turn, Bayer counterclaimed against DX, also alleging breach of contract. A jury found that each side failed to comply with the agreement, that DX suffered $7.5 million in damages as a result of Bayers breach, and that Bayer suffered $40,000 as a result of DXs breach. The jury further found that Bayer did not intentionally interfere with DXs contractual relationship. The trial court offset the award to Bayer against DXs recovery and awarded DX $7,460,000 as actual damages, as well as prejudgment interest of $512,273 and post-judgment interest at 6 percent. The court additionally ordered each side to pay its own costs.

GENRE
Professional & Technical
RELEASED
2006
December 12
LANGUAGE
EN
English
LENGTH
52
Pages
PUBLISHER
LawApp Publishers
SELLER
Innodata Book Distribution Services Inc
SIZE
80.9
KB

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