Oakton sues Tenix for $12m

Oakton sues Tenix for $12m

Summary: Oakton has commenced legal action against the traffic infringement and management branch of Tenix Solutions, seeking $12 million in damages.

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TOPICS: CXO, Outsourcing
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Oakton has commenced legal action against the traffic infringement and management branch of Tenix Solutions, seeking $12 million in damages.

The IT services company's move followed the termination of a subcontract it had with Tenix, which had recently filed a claim for $19.36 million in damages against Oakton.

Oakton issued a statement to the Australian Stock Exchange late this afternoon, informing shareholders of the action.

"Oakton alleges that Tenix wrongfully repudiated a subcontract for the provision of services by Oakton relating to the design, building and testing of software to be used by Tenix as part of an infringement management and enforcement system Tenix was required to build and operate under a contract between Tenix and the State of Victoria," the statement said.

The legal action was lodged in the Victorian Supreme Court today. Oakton has also rejected Tenix's $19.36 million claim.

Neither company had responded to requests for comment at the time of publication.

Topics: CXO, Outsourcing

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4 comments
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  • Really?

    I'd be wanting a big fat up front retainer before taking this one on!
    anonymous
  • Can they both loose?

    Neither of them deserve the bragging rights.
    anonymous
  • One O

    You mean 'lose'...
    anonymous
  • legal feast

    The legal eagles can lick their lips with glee. This will be their feast. Nice money earner.
    anonymous