It’s not that simple. There should be terms in the agreement and when separating amicably this isn’t an issue. It appears this will be like War of the Roses.
Nortek Sues SDS, Battle Over Unpaid Bill and Cancelled Lines
Published Aug 13, 2018 15:35 PM
Nortek and SDS legal battle continues. As IPVM reported, SDS sued Nortek alleging bribery and antitrust violation. However, Wave fired back at SDS, claiming the plaintiff was just "desperate" and could not compete.
Now, Nortek has sued SDS for non-payment and unjust enrichment, with both parties squaring off for a longer battle. Inside, this note, we examine these legal filings and the issues at stake.
Nortek - *** ****** ** ***
** ************, ***** ****** ***** **** **, 2018, *** ****************** **** *** *** ** *********** balance ** **** $***,****** *** ****** *** ****** ******* **************. ****** ** ******* *******, ****, costs, *** ********:
****** ******* ***' ***-******* ** ****** enrichment:
*******, *** ***** * ********* *****.
SDS ******** - *** ******* ** ****** ****** *********
*** **** **** *** *** ****** until ****** ****** **** ** ****** unused ********:
******* ***** ******* *** *********, ****** ****** **** **** ** .... ** *** *** *******, ** have * **** ********* **** ** now ********** ** **** ** ** are ** ****** ** ********** ***********. We ****** ***** ****** ** **** this ******** **** *** **** ** full ******. ** ****, **** **** ignored *** *******. ** *** ********* holding ******* ***** *** ***** ****** is ********** ***** *** ******** ******.
*******, *** ******* **** ****'** ******** by ****** **** **** **** **** and ******* ****** *******:
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************** ****** **** ** ****** ** SDS** ******** *, ****, ******* ****** that "********* ***********" **** ***** ** longer ****** ******** ****** **** ***. SDS ******** **** *** ****** *********** letter ******* *** *** ***** ****** had ******:
***' ********* ** *** **-*** *********** is ****** ** ** *********** ** the ******** ********* **** **** ******:
SDS ******* ***********
*** **** **** ****** '****[*] ***********' and * ******* ** ******:
** *** ***** **** **** *** thinking, *** ***** ******* ***** **** retaliatory, ** ******* * ******* ** other ************. *** *** ** ********** on *** ****** *** ***** *** we ** *** ******* **** ***** is * ****** ****** **** ** owed, *** **** ****** ** ******* until ****** **** *** ***** ***** and ***** ***** ******* ****.
Nortek ******** - *** ******** ** ******
*******, ****** ****** ** *** ***** of ***'******** ********* **** **** ********* ****** *** ** *** ******** to * ****** *** ****** *****. In *** **** *** ********* ** terminated, *** ********* ***** **** ****** the ***** ** "******** ** ****** to ********** *** ** *** *******" of ********* ********* *****:
Poll / ****
Comments (1)
UI
Undisclosed Integrator #1
Aug 13, 2018