Litigation
May 22, 2014
Fuel cell maker wins $58 million arbitration award
Folsom-based fuel cell maker Altergy Systems has won a $58 million award in legal fight with battery maker EnerSys Delaware Inc. over alleged violations of a sales distribution deal the companies signed.
Daily Journal Staff Writer
Folsom-based fuel cell maker Altergy Systems has won a $58 million award in a legal fight with battery maker EnerSys Delaware Inc., over alleged violations of a sales distribution deal the companies signed.
A three-judge arbitration panel rejected most of the claims the companies made against each other, but did find that EnerSys had sabotaged an important sales deal Altergy had sealed with T-Mobile t...
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