We represent Bristow Group, Inc. in litigation over a $29 million helicopter purchase from Sikorsky Aircraft Corporation. The litigation relates to Sikorsky’s decision to retain a $11.7 million deposit as alleged liquidated damages for Bristow’s failure to take possession of the aircraft during a downturn in the oilfield services market. We proved in discovery that Sikorsky sold the aircraft frame to the government of Uzbekistan at a substantial profit, preventing Sikorsky from retaining the deposit. Motions for summary judgment are pending.
Bristow Group, Inc., et al v. Sikorsky Aircraft Corporation, et al.; Adv. Proc. No. 19-03691; In the Southern District of Texas Bankruptcy Court.
