Quantcast

NORTHERN CALIFORNIA RECORD

Wednesday, April 24, 2024

Euro Space USA alleges contract breach with SP Far East will cost it millions

Contract 03

SAN FRANCISCO – A Union City business alleges it has suffered damages of $2.5 million after the termination of a sales contract.

Euro Space USA Inc. filed a complaint on Nov. 14 in the U.S. District Court for the Northern District of California against SP Far East Limited and SPFE Scandinavia Inc. alleging breach of contract and other counts.

According to the complaint, the plaintiff alleges that on July 1, 2016, it entered an agreement with the defendants as an exclusive sales agent for its height-adjustable table products for a period of three years for distribution in North, Central and South America. It alleges that on Nov. 2, after the plaintiff invested substantial time and effort in performing its obligations under the agreement, the defendants terminated the contract.

The plaintiff holds SP Far East Limited and SPFE Scandinavia Inc. responsible because the defendants allegedly terminated a binding contract without valid grounds allowable under the contract, harmed plaintiff's credibility and reputation in the industry by making demeaning statements made to third parties as to the true cause of the termination of agreement, and was rendered services by the plaintiff and benefited from such without paying for the wrongfully acquired services.

The plaintiff requests a trial by jury and seeks judgment against defendants, actual damages of no less than $2.5 million, restitution, accounting of all amounts due to plaintiff, interest, preliminary and permanent injunctive relief, expenses, costs of suit and further relief as the court deems just. It is represented by April S. Glatt and Kenneth M. Weinfeld of Chauvel & Glatt LLP in San Mateo.

U.S. District Court for the Northern District of California Case number 4:16-cv-06595

More News