Oracle sues JW Aluminum for $656,800

Aug 18, 2014 | 03:45 PM | Daniel Fitzgerald

Tags  JW Aluminum, Oracle Flexible Packaging, OFP, lawsuit, invoice, aluminum, Daniel Fitzgerald

NEW YORK — Oracle Flexible Packaging Inc. (OFP) is suing JW Aluminum Co. for $656,820 for allegedly failing to pay for delivered aluminum.

The Winston-Salem, N.C.-based company claims that JW Aluminum failed to pay 17 invoices related to the supply of continuous cast flat-rolled aluminum, according to documents filed in U.S. District Court in North Carolina.

Oracle said in the complaint that for several of the invoices "it is anticipated that (JW Aluminum) will attempt to claim a right of offset based upon a completely separate set of transactions by which JW Aluminum entered into a letter agreement to sell ‘direct cast foil products’ to Oracle and a different letter agreement by which JW Aluminum agreed to sell cable wrap foil to another company called LLFlex LLC."....

Latest Pricing Trends


Are you stocking more inventory today than 18 months ago?


View previous results