“Goliath” Stryker Corp. must pay $4.75 million to Greenwood Village company after breaching contracts

Norge Nyheter Nyheter

“Goliath” Stryker Corp. must pay $4.75 million to Greenwood Village company after breaching contracts
Norge Siste Nytt,Norge Overskrifter
  • 📰 denverpost
  • ⏱ Reading Time:
  • 21 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 12%
  • Publisher: 72%

International medical equipment manufacturer Stryker Corp. must pay $4.75 million to a small Colorado company after breaching its business contracts with the local medical distributor, a federal ju…

with an estimated worth of $3.4 billion. ORP Surgical, by contrast, has about 30 employees.

“While it might be logically possible to give Stryker the benefit of the doubt, it does not deserve it,” Jackson wrote in the ruling. “Its witnesses lacked credibility. Stryker witnesses equivocated, spun far-fetched stories and even made flat-out misrepresentations.” “It’s not a lot of companies that can survive litigation with a $14 billion-a-year Goliath,” he said. “Lee just wasn’t going to be bullied.”

Vi har oppsummert denne nyheten slik at du kan lese den raskt. Er du interessert i nyhetene kan du lese hele teksten her. Les mer:

denverpost /  🏆 13. in US

Norge Siste Nytt, Norge Overskrifter

Similar News:Du kan også lese nyheter som ligner på denne som vi har samlet inn fra andre nyhetskilder.

Hall of Fame Village sponsor Johnson Controls plans to pull out of Canton project, demands $4.75 million paymentHall of Fame Village sponsor Johnson Controls plans to pull out of Canton project, demands $4.75 million paymentCanton's Hall of Fame Village may no longer be “powered by” Johnson Controls, now that the technology company is trying to terminate two deals with the resort company.
Les mer »

States hands off when it comes to NCAA, athlete compensationStates hands off when it comes to NCAA, athlete compensationTexas and Florida, two states with major college football and basketball programs, ban pay-for-play contracts and using deals to lure recruits to campus.
Les mer »

Gas prices could soon reach $4.75, expert saysGas prices could soon reach $4.75, expert saysPrices have steadily risen in recent weeks as the busy travel season nears.
Les mer »

The Bay Area Home Where Mark Zuckerberg Incubated Facebook Just Listed for $5.3 MillionThe Bay Area Home Where Mark Zuckerberg Incubated Facebook Just Listed for $5.3 MillionThe $567 billion company now known as Meta reached 1 million users in this humble abode.
Les mer »

Carvana's dealer license suspended in Illinois; Skokie will no longer review request to build towerCarvana's dealer license suspended in Illinois; Skokie will no longer review request to build towerThe village of Skokie will no longer review Carvana's requests to build after the company had its dealer license suspended.
Les mer »

Data breach at Department of Insurance exposed personal information of 1.8 million Texans, audit saysData breach at Department of Insurance exposed personal information of 1.8 million Texans, audit saysThe personal data was accessible to the public for nearly three years because of a glitch in the code of the department’s web application.
Les mer »



Render Time: 2025-04-01 12:02:42