ContractsProf Blog

Editor: D. A. Jeremy Telman
Valparaiso Univ. Law School

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Friday, April 29, 2005

News in brief

The Bank of Ireland's ATM machines will have cash in them this holiday weekend after all, as Brinks agrees to continuecash deliveries pending resolution of its dispute with the bank over liability for armed robberies.

The Pentagon is threatening to terminate Boeing's $15 billion contract to upgrade and replace military radio systems, for alleged failures to meet "cost, schedule, and performance requirements."

An Ontario race track will be allowed to go forward with its season although it still has not reached a contract with the association representing horse owners, trainers, drivers, and caretakers.

The Bangor Lumberjacks of the Canadian-American baseball league have folded after the league yanked the franchise.

Marconi Corp. has lost a $20 billion contract everyone had expected it to get from its biggest client, BT Group (the British Telecom).

La-Z-Boy, Inc., has sold its office furniture business to the Indiana family that owns Best Home Furnishing.  Terms were not disclosed.

New Hampshire state workers, without a contract for two years, have reached agreement on a new one, giving them annual 2 percent raises for three years.

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