RBC Nice Bearings, Inc. v. SKF USA, Inc.

Plaintiffs manufactured industrial ball bearings, and Defendant was Plaintiffs’ exclusive distributor for certain Nice Ball Bearings, Inc. products. Plaintiffs brought this action for Defendant’s failure to meet its contractual obligations under an agreement between the parties and for Defendant’s anticipatory breach of contract. The trial court ruled in favor of Defendant on Plaintiffs’ claims, finding that Plaintiffs had waived a contractual requirement that Defendant purchase a minimum dollar value of bearings from Plaintiffs each year. The Appellate Court reversed, concluding that, even if Plaintiffs had waived the minimum purchase requirement as to certain years of the contract, the trial court clearly erred in finding that the waiver continued into subsequent contract years. The Supreme Court reversed in part, holding that the record contained sufficient evidence to support the trial court’s finding that Plaintiffs waived the minimum purchase requirement on a continuing basis. Remanded. View "RBC Nice Bearings, Inc. v. SKF USA, Inc." on Justia Law