Debtor TenFour Seeks to Recover $2.2 Million From Rexel Holdings For Alleged “Breach of Contract”
February 11, 2022, District of New Jersey – Plaintiff Debtor Alliant Technologies, LLC d/b/a TenFour, et al. brings a complaint against Rexel Holdings USA Corp. (“Rexel”) for alleged “breach of contract” and “unjust enrichment”. Alliant argues that Rexel allegedly owes TenFour nearly $2.2 million towards “services it purchased from TenFour and contractual interest” through January 31, 2022.
The complaint asserts that the relationship between the parties dated back to 2014 when Rexel, as a member of an IT and telecommunications purchasing consortium, KII Telecommunications, LLC, allegedly ordered services from TenFour and agreed to spend a minimum amount specified in the contract. Alliant argues that TenFour allegedly agreed to provide the services expecting that “Rexel would retain the services for the agreed-upon time period or pay early termination fees for any service it canceled before then”. In its complaint, Alliant contends that beginning in and around October 2019, Rexel started “systematically canceling services” with TenFour and allegedly “did not pay early termination fees for the services canceled before the minimum spend commitments were satisfied.”
With this background, Alliant initiates a legal action arguing that Rexel “failed to pay the early termination fees” and, as a result, TenFour has been allegedly “damaged in the amount totaling $2,233,737.92, representing unsatisfied amounts of the alleged obligations and contractual interest” through January 31, 2022.
In re: ALLIANT TECHNOLOGIES, LLC (d/b/a TenFour), et al., Case No. 21-19748 (JKS)