News Sections
Audio
Indiana Court Finds IBM Breached Contract But Due $50M
Updated March 22, 2016 4:16 PM
 Print    Archive    RSS

(INDIANAPOLIS) - The Indiana Supreme Court has ruled IBM Corp. breached its state contract in its failed attempt to privatize Indiana's welfare services but is still entitled to nearly $50 million in state fees.

Tuesday's ruling upholds a 2014 state Court of Appeals ruling and reverses a trial court's finding that Indiana failed to prove IBM breached the $1.3 billion state contract it won in 2006.

Then-Gov. Mitch Daniels canceled the contract in 2009 after the privatization effort failed. The parties then countersued.

Tuesday's ruling also reverses the trial court's award of $13 million to IBM and directs that court to determine how much IBM owes Indiana in damages.

Peter Rusthoven, a private attorney representing Indiana's welfare services agency, says Indiana claims about $175 million in damages from IBM's contract breach.



« Previous Article
Next Article »

 Print    Archive    RSS

Have a question or comment about a news story? Send it to comments@wbiw.com

Advertise with 1340 AM WBIW
Find more about Weather in Bedford, IN
Advertise with 1340 AM WBIW


1340 AM WBIW, Bedford's Place To Talk. Serving Lawrence and surrounding counties since 1948!

© 2017 Ad-Venture Media, Inc. All Rights Reserved.   WBIW.com and Listen Live Powered by HPC

Advertise  |  Careers  |  Contests  |  About  |  Feedback