Verdict Against Fedex Is Rejected -- Federal Appeals Court Overturns $66m Ruling
The Commercial Appeal (2007-Current) › December 28, 2011
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Summary
A federal appeals court has reversed a nearly $66 million judgment against FedEx Corp. in a breach of contract claim lodged by the defunct ATA Airlines.
The 7th Circuit U.S. Court of Appeals, in a ruling issued Tuesday, agreed with FedEx's contention that there was no firm contract governing a partnership under which FedEx funneled millions in military transport business to ATA.See the full content of this document
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Verdict Against Fedex Is Rejected -- Federal Appeals Court Overturns $66m Ruling
A U.S. District Court jury in Indianapolis last year ordered FedEx to pay ATA $65,998,411 for lost...
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