Advanced Search

Seiko Files $500K Complaint Against Whitehall

Jun 27, 2008 6:15 AM   By Jeff Miller
Comment Comment Email Email Print Print Facebook Facebook Twitter Twitter Share Share

RAPAPORT... Seiko Watch Corporation seeks the immediate payment of $500,000 for watches sent to Whitehall Jewelers in June. In a 17-page suit filed with U.S. Bankruptcy court against Whitehall yesterday, Seiko took great exception with the jeweler for having withheld its financial condition from the watchmaker before merchandise was ordered and sent. 

Seiko contended that it learned of Whitehall's financial situation through public record and was "fraudulently induced to transfer the merchandise" to Whitehall in two shipments  14 days before the jeweler filed for Chapter 11 on June 23, 2008.

The watchmaker seeks a total judgment of $500,110.97.



Similar Articles
No articles found
No articles found
Comments: (0)  Add comment Add Comment
Arrange Comments Last to First
© Copyright 1978-2019 by Martin Rapaport. All rights reserved. Index®, RapNet®, Rapaport®, PriceGrid™, Diamonds.Net™, and JNS®; are TradeMarks of Martin Rapaport.
While the information presented is from sources we believe reliable, we do not guarantee the accuracy or validity of any information presented by Rapaport or the views expressed by users of our internet service.