» Austin Business Attorney Reports Breach of Contract Lawsuit Against Texas Wind Energy Company

Austin Business Attorney Reports Breach of Contract Lawsuit Against Texas Wind Energy Company

Austin, TX (Law Firm Newswire) February 9, 2012 - Breaching contractual obligations can have devastating consequences. Sometimes a large claim may signal the potential demise of a company. In Trinity Structural Towers Inc. v. Suzlon Wind Energy Corp., Trinity alleges that Suzlon failed to follow through with its purchases of structural towers as set out in their 2008 supply agreement.

The amount at stake is quite large and may indicate a serious problem with Suzlon. The agreement at issue allegedly provides that Suzlon was to buy $377.3 million wind towers through 2011. The parties amended the original 2008 agreement to buy an extra $123.8 million wind towers through 2013. Trinity says that only $88.6 million worth of 80-meter wind towers has been bought.

Austin Business Litigation Lawyer and Employment Attorney, Gregory D. Jordan

Austin Business Attorney, Gregory D. Jordan

“On the one side, TSTI argues that they have incurred substantial damages because the contract has been breached,” says Austin business litigation lawyer Gregory D. Jordan. “On the other side, Suzlon claims the lack of purchases is due to the downtown in the market. Whether this argument will present a defense to the breach of contract claim will be interesting to see.”

Wind energy has become a growing source for power not only in Texas but the nation. The amount of electricity generated through wind power has increased dramatically in the past few years. In fact, Suzlon has been promoting that it won a contract to supply 57 2.1MW turbines to western U.S. wind farms and 68 2.1MW turbines to Pennsylvania in 2012.

“With this positive news from Suzlon, TSTI may be wondering why there has been a lack of purchases,” said Jordan. “Perhaps there is a valid explanation, but something will have to give, somewhere. When contract breaches occur, everyone is usually hoping for a resolution to happen quickly and efficiently, or else everyone starts to lose.”

To learn more about the Austin business attorney, Austin business litigation attorney, and Austin breach of contract attorney Gregory D. Jordan, please go to www.theaustintriallawyer.com or call (512) 419-0684.

Law Offices of Gregory D. Jordan
5608 Parkcrest Drive, Suite 310
Austin, Texas 78731
Call: 512-419-0684

Other Practice Areas offered by the Law Offices of Gregory D. Jordan

  • Business litigation
  • Employment law
  • Oil and gas law
  • Patent, trademark and copyright litigation
  • Real estate and construction litigation
  • [mappress mapid="39"]

    • Court applies foreseeability limitation to catch-all force majeure clause
      A Texas appellate court ruled that a significant downturn in the price of oil is not a force majeure event that excuses non-performance with a promise to drill for oil by a certain date. Reviewing a contract that excused non-performance for several reasons plus a catch-all clause which stated, “any other cause not enumerated herein,” [...]
    • Professors alleging discrimination sue University of Houston-Victoria
      Three business professors at the University of Houston-Victoria (UHV) are alleging discrimination by their former dean in a lawsuit they filed in March. In their lawsuits, associate professors Luh Yu Ren, Chun-Sheng Yu and Jianjun Du argue UHV officials failed to protect them from discrimination and retaliation from Farhang Niroomand, the former dean of the [...]
    • Texans seek class action certification in suit against Talisman Energy USA
      If four South Texas landowners get their way, a federal judge will certify the individual lawsuits they filed against Talisman Energy USA in 2016 as a class action. The plaintiffs allege that Talisman shorted them on royalty payments for oil leases on their land. The four recently filed a motion to have their lawsuits against [...]

    See other news sources publishing this article. BETA | Tags: , , , , ,

    Get headlines from Law Firm Newswire sent right to your inbox.

    * indicates required