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Federal Contractor Misconduct Database (FCMD)
The federal government routinely awards contracts to companies with
histories of misconduct, including
…
contract fraud and other
violations. POGO believes that providing this website will help to
improve contracting decisions and increase public knowledge of how
the government spends billions of taxpayer dollars each year.
Read more…
Breach of Duties to UK Pension Fund Participants
The London High Court of Justice Chancery Division ruled that IBM breached its contractual duties to UK pension fund participants in the way it implemented a restructuring of its arrangements in 2009. The court found that the way in which IBM announced, consulted, and implemented the changes (in a process called “Project Waltz”) was in breach of its duty of good faith to its employees, and that IBM also breached its implied contractual duty of trust and confidence of its employees.
- Misconduct Type
- Labor
- Enforcement Agency
- International
- Contracting Party
- None
- Court Type
- Civil
- Disposition
- Judgment Against Defendant
- Date of Judgment
- 4/4/2014
