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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…
Banc of America Breach of Contract
Banc of America Securities LLC sued Evergreen International Aviation for breach of contract and quantum meruit (restitution based on unjust enrichment) arising out of agreements in which Banc of America agreed to act as Evergreen’s financial agent in exchange for the payment of certain fees. In March 2006, the parties agreed to a settlement under which Evergreen agreed to pay $1.1 million.
- Misconduct Type
- Poor Contract Performance
- Enforcement Agency
- Non-Governmental
- Contracting Party
- Non-Governmental
- Court Type
- Civil
- Disposition
- Settlement
- Date of Settlement
- 3/31/2006
