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Litigation

May 21, 2015

Air conditioner company receives $42.5 million from partner after deal goes wrong

A jury awarded MJC America Ltd. $42.5 million after the air conditioner company allegedly suffered retaliation for exposing Gree Electric Appliances Inc.'s defective dehumidifiers after the two companies created a joint venture.


By Kibkabe Araya


Daily Journal Staff Writer


A Los Angeles jury awarded MJC America Ltd. $42.5 million after the air conditioner
company allegedly suffered retaliation for exposing Gree Electric Appliances Inc.'s
defective dehumidifiers after the two companies created a joint venture.


The jury awarded $30 million for Gree's conduct being "malicious, oppres...

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