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Damage assessment for a breach of contract in the cloud services sector – ongoing

Lear is assisting a leading operator active in the telecommunication sector which participated to a tender aimed to secure suppliers of cloud services for Italian public organizations. The tender required Lear’s client to partner up with a cloud services provider, which decided to withdraw from the agreement shortly after Lear’s client’s bid was declared successful. This breach of contract resulted in Lear’s client being excluded from the tender. Lear is currently estimating the impact of the breach of contract and the amount of damages that its client is suffering.