Turnaround Time

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  • GE Capital v. Pemco: Overtime
    Posted by Sean Broderick 12:25 AM on Dec 09, 2011

    A dispute between Pemco World Air Services and GE Capital over two Boeing 737 conversions that went awry in 2003 got some extended time, courtesy of an Alabama Supreme Court decision rendered December 2.

    The decision overturned a circuit court ruling that awarded Pemco $2.1 million in compensatory damages and $6.5 million in punitive damages.

    Full details and background on the case--which heads back to Dale County Circuit Court for a new trial--are here.

    Tags: om99, Pemco, GE

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