Lincoln Hoist awarded US$1.2m in damages following contract breach

US materials handling manufacturer Lincoln Hoist has been awarded US$1.2m (A$1.35m) in damages in a suit against Lug-All Corporation.

According to Lincoln Hoist, its relationship with Lug-All began in the late 1940’s under Lincoln Precision’s founder, Roland Hallen. Under the contract Lincoln Precision designed and manufactured the portable hoist products and Lug-All sold them.

The parties’ 1949 and 1953 written agreements stated Lincoln Precision was not to sell and Lug-All was not to manufacture those products.

The two companies are said to have continued to do business under this arrangement until February 2008 when Lincoln Precision discovered Lug-All had spent over three years secretly developing a manufacturing facility.

The jury found Lug-All had breached its contract with Lincoln Precision and had also undertaken efforts to destroy Lincoln’s rights to receive the full benefits of the relationship.

Lincoln Precision says following those findings, the jury awarded it substantial damages.

Get the free newsletter

Sign up for news, trends and equipment for sale in the lifting and rigging industry.
By signing up you agree to our Terms of Use and Privacy Policy. You may unsubscribe at any time.

Latest Products For Sale

Type Description
Lifting Products
Modulift Modular Spreader Beams provide the ideal solution for most lifting requirements – versatile and…
Wire Rope 1/16 1x7 GAC - 330,000' Total (16 - 5,000' reels / 21 - 10,000' reels…
Wire Rope 3/16 7x7 SS - 45,000feet (9 reels x 5,000')
Wire Rope 7/8" 6x25 Super Swaged IWRC wire rope Korean (2862531212) 7 x 1675' , 1 x…
Equipment HERCULOC - 800 Ton Wire Rope Swager- Refurbished Originally owned by the US Navy Hydraulics…

News & Articles