Triumph Aerospace Systems-Seattle in Redmond, Wash. Photo: IanDewarPhotography via Adobe Stock Pa.-Based Aerospace Company Facing $130 Million Lawsuit Over Alleged Fraud
Daher Aerospace Inc. is suing Triumph for fraudulent inducement of contract and breach of contract, claiming the Pennsylvania-based company did not reveal they were in continuous breach of multiple key preexisting customer contracts, including with their largest client, Boeing.
December 15, 2023 at 04:02 PM
3 minute read
Contracts
The original version of this story was published on New York Law Journal
A French aircraft manufacturer is seeking $130 million from aerospace company Triumph Group, alleging Triumph did not disclose significant liabilities in order to fraudulently induce a buyout.
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