In­di­ana court says IBM breached con­tract

China Daily (Canada) - - BUSINESS -

IBM Corp breached its state con­tract in the com­pany’s failed at­tempt to pri­va­tize In­di­ana’s wel­fare ser­vices but is still en­ti­tled to nearly $50 mil­lion in state fees, the state Supreme Court said on Tues­day in a rul­ing that also opens the door for In­di­ana to seek up to $175 mil­lion in dam­ages. The high court’s rul­ing in the long-run­ning case up­holds a Fe­bru­ary 2014 state Court of Ap­peals rul­ing and re­verses a trial court judge’s find­ing that In­di­ana had failed to prove IBM breached the $1.3 bil­lion state con­tract it won in 2006.

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