Texas Firm Awarded $6.8 Million Judgment in Breach of Contract Lawsuit
Austin Oil and Gas Attorney, Gregory D. Jordan
Austin, TX (Law Firm Newswire) August 3, 2015 - A Texas consulting firm was awarded about $6.8 million in a contract dispute.
Dallas County District Judge Eric V. Moye awarded Bain Consulting LLC that amount after a jury found Talon Transaction Technologies Inc. liable for breaching a contract to pay commissions to Bain for finding new customers for Talon's health care payment system. The judge rejected Talon’s argument that the award should be cut to about $1.5 million, because the jury improperly calculated the damages to Bain based on future commissions.
“As with many business litigation matters, the core dispute in this case can be stated in very simple terms: the plaintiffs alleged that they were not paid what they were owed,” said Gregory D. Jordan, an Austin business litigation attorney with the Law Offices of Gregory D. Jordan. “A common dispute in business litigation often relates to the calculation of future damages. Here it was obviously resolved in the plaintiff’s favor.”
The case involved technology for health care payments that was developed by Talon. Bain was to be paid a commission for bringing customers to Talon. However, after the business relationship broke down, Bain alleged that NexPay Inc. and Talon wrongfully moved customers and business in order to avoid paying commissions to Bain.
The judgment found Talon founder David Gillman and NexPay jointly and severally liable to Bain. The judgment includes about $6.4 million in damages for breaches of two contracts, $400,000 in attorneys' fees, and $650,000 in prejudgment interest on actual damages. The judgment also provides for post-judgment interest on damages and attorneys' fees.
The legal dispute began in March 2013, when Talon sued Bain seeking a declaratory judgment that it was not liable to the company for damages. According to court documents, Talon nonsuited those claims, and Bain filed counterclaims that also brought NexPay into the suit.
Law Offices of Gregory D. Jordan
5608 Parkcrest Drive, Suite 310
Austin, Texas 78731
Call: 512-419-0684
- Texas Lawmakers Pass Law to Curtail Common Oil and Gas Scam Tactic
To some extent, the history of Texas is closely tied to the state’s historically ample supply of oil and gas. Texas has been at the forefront when it comes to establishing oil and gas laws throughout the country. Unfortunately, due to the value of the commodity, over the years, enterprising scammers have come up with [...] - Texas Court Holds Plaintiff Failed to “Pierce the Corporate Veil” of Employer
One of the primary factors business owners consider when choosing how to set up their company is how each type of structure will impact their personal liability, should the business fail, or incur sizable debt during its operation. Historically, there have been three main types of business organization structures: sole proprietorship, partnership and corporation. Sole [...] - Texas employees who are pregnant or recently returning from maternity leave are protected from employment discrimination
In 1964, the United States Congress passed the Civil Rights Act. The Civil Rights Act was a landmark piece of legislation that ended segregation of public places and banned discrimination based on the basis of race, color, religion, sex or national origin. The Civil Rights Act did much to combat the discrimination that was common [...]
Tags: attorneys, Austin business litigation attorney, award, David Gillman, Jordan, Talon Transaction Technologies Inc
©2010-2018 Law Firm Newswire™ 
