DENVER BUSINESS JOURNAL - A $43 million verdict that went against Jeppesen, an Arapahoe County-based navigation division of the Chicago-based Boeing Co., has been reversed on appeal.
In 2014, Jeppesen lost a civil lawsuit filed by SolidFX, a Massachusetts app developer, in a suit related to an iPad app, and a jury awarded SolidFX $43 million.
But that verdict was reversed on appeal this week.
The Denver Post reported that Tenth Circuit Court of Appeals agreed with Jeppesen lawyers that the contract between the two companies didn’t allow for the recovery of lost profits, which was the bulk of the $43 million original verdict.
Read more at the Denver Business Journal: http://bit.ly/2fHNy8r
Copyright 2016 Denver Business Journal