Tue, Jan 22, 2008
Vendor Sued For Nonpayment; Planemaker Claimed Poor
Eclipse Aviation and Hampson Aerospace, Inc., announced Tuesday
the two companies have reached a full and final settlement of all
claims and disputes, stemming from a lawsuit filed against Eclipse
late last year.
As ANN reported, Eclipse was
sued by U.K.-based Hampson on November 14, alleging Eclipse failed
to make required payments for empennage assemblies produced at
Hampson's facility in Grand Prairie, TX.
Eclipse CEO Vern Raburn quickly countered Hampson's claims,
asserting a number of shortcomings in the working relationship
between Hampson and Eclipse, and indicated Eclipse to expend
significant resources in order to use the components provided to
them by Hampson.
"We spend way too much time fixing what should have been done
right to begin with," Raburn added in November.
Eclipse tells ANN this week's settlement will result in the
dismissal, with prejudice, of the complaints previously filed in
litigation and arbitration between the parties.
The terms of the settlement are confidential between the
parties, Eclipse added, and will not be disclosed.
In October, Hampson earned the contract to provide empennage
assemblies for the upcoming HondaJet.
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