ARN

Oakton takes Tenix to court for $12m

Service provider begins legal proceedings and will reject Tenix counter claims

Oakton has begun its legal battle in the Supreme Court of Victoria against the traffic infringement and management branch of Tenix Solutions.

The ASX-listed (ASX:OKN) services provider is claiming for damages exceeding $12 million.

The amount includes $8.5 million receivable and also the delay and increased costs of working claims, legal costs and interest.

Oakton alleges Tenix, wrongfully repudiated a subcontract for the provision of services by Oakton in relation to the design, building and testing of software to be used by Tenix.

The software was to be used as part of an Infringement Management and Enforce system required to build and operate under a contract between Tenix and the State of Victoria.

Oakton has rejected Tenix claims of alleged breaches and purported termination of the subcontract.

Tenix previously terminated the contract and filed a claim of $19.36 million in damages from the services provider.

Oakton said it would vigorously defend any counter claims Tenix might make.

Come socialise with us! Facebook | LinkedIn

More about: Tenix
References show all

Comments

Post new comment

The content of this field is kept private and will not be shown publicly.
Users posting comments agree to the ARN comments policy.
Login or register to link comments to your user profile, or you may also post a comment without being logged in.
Related Coverage
Related Whitepapers
Latest Stories
Community Comments
Tags: tenix, State of Victoria, Oakton, Infringement Management and Enforce
rhs_login_lockGet exclusive access to ARN's news, research and invitation only events.
ARN Distributor Directory
Find distributors by name | vendor | location
Channel Deals
/deals/transition-systems-australia/2011-06-20_391_wireless-vc-mobility
Transition Systems Australia

Wireless VC mobility

More details »
ARN Vendor Directory
Find vendors by name | category

iAsset is a channel management ecosystem that automates all major aspects of the entire sales,marketing and service process, including data tracking, integrated learning, knowledge management and product lifecycle management.