Boeing wins a reversal of a $604M breach of contract case it had orignally lost to ICO Global...

|By:, SA News Editor

Boeing wins a reversal of a $604M breach of contract case it had orignally lost to ICO Global Communications, now Pendrell Corp. (PCO). In a unanimous decision, a three-judge appellate panel said the trial judge should have set aside the jury’s verdict because the undisputed evidence showed ICO waived its claim for breach of the satellite contract, and there was insufficient evidence that Boeing caused ICO’s alleged damages.