Litigation
May 21, 2015
Air conditioner company receives $42.5 million from partner after deal goes wrong
A jury awarded MJC America Ltd. $42.5 million after the air conditioner company allegedly suffered retaliation for exposing Gree Electric Appliances Inc.'s defective dehumidifiers after the two companies created a joint venture.
Daily Journal Staff Writer
A Los Angeles jury awarded MJC America Ltd. $42.5 million after the air conditioner
company allegedly suffered retaliation for exposing Gree Electric Appliances Inc.'s
defective dehumidifiers after the two companies created a joint venture.
The jury awarded $30 million for Gree's conduct being "malicious, oppres...
For only $95 a month (the price of 2 article purchases)
Receive unlimited article access and full access to our archives,
Daily Appellate Report, award winning columns, and our
Verdicts and Settlements.
Or
$795 for an entire year!
Or access this article for $45
(Purchase provides 7-day access to this article. Printing, posting or downloading is not allowed.)
Already a subscriber?
Sign In