RTA member Pelmar Engineering Group of Israel asked us to post the following, which we do without comment. For more information please contact Mr. Jacob Peled at Pelmar Engineering by email to mail@pelmar.co.il
Pelmar Engineering Group Files Lawsuit
against Tianjin Saixiang Technology Co. Ltd. (TST)
The Pelmar Engineering Group, a leading global company providing a wide range of machinery and engineering for the tire and rubber industry, has filed a legal claim of more than USD 800,000 including interest, expenses and damages in the Chinese Intermediate Court at Tianjin against Tianjin Saixiang Technology Co. Ltd. (TST) for non-transference of payments due. According to Pelmar's claim, Pelmar introduced TST to clients outside of China and assisted in the sale and promotion of TST's machinery. However, at a certain point and without apparent reason, TST breached its contract with Pelmar and refused to fully pay the commission that Pelmar was entitled to according to the agreements between the two companies. Pelmar's claim has now been accepted by the 1st Intermediate People's Court of Tianjin.
"It was very disappointing to learn that after Pelmar has put TST, who was relatively unknown worldwide beforehand, on the map by introducing the company to large-scale tire companies in Europe, USA, Southeast Asia and the Middle East, that TST has decided to act in this unjust and un-businesslike manner, to put it mildly." said Pelmar's Executive Chairman, Mr. Jacob Peled. He added, "We have lost trust in this company and we shall use every opportunity to let the world know of such misbehavior."
Sources at Pelmar said that it was responsible for the largest single order placed with TST in its history and for introduction and negotiation with leading tire manufacturers, particularly in the Off-Highway Tire Industry. They added that "the amount of the unpaid commissions and damages caused to Pelmar is actually much higher than what was legally claimed and was reduced due to our lawyers' advice". They further noted that "Pelmar is determined to take all legal and other measures available worldwide until the amount due is fully paid".
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THOUGHT FOR THE DAY
"To suppress free speech is a double wrong.?
It violates the rights of the hearer?
as well as those of the speaker."
?~ Frederick Douglass