Tilson Sues Gigapower Over Network Builds in Nevada and Arizona
Network development and information infrastructure professional services provider Tilson Technology Management has filed a breach of contract lawsuit against networking firm Gigapower in which it seeks more than $200 million it claims to be owed for building networks in Nevada and Arizona. Tilson says that Gigapower breached a contract between the two companies and owes Tilson for termination charges, underpayments, and missed payments. The suit alleges that Gigapower delayed and withheld payments in order to force Tilson to renegotiate and accept new terms, including lower payments and a reduced scope of work. That, Tilson claims, caused more than $100 million in “negative cash flow.” The suit claims that Gigapower terminated the agreement, which forced Tilson into Chapter 11 bankruptcy.
Tilson Sues Gigapower Over Network Builds in Nevada and Arizona