Gibson Guitar Asks Court to Toss $60 Million in Claims

Nashville-based Gibson Guitar is asking a bankruptcy court judge to throw out claims of more than $60 million by German tech company Tronical, The Nashville Post reports. Gibson accuses Tronical of inserting themselves into the company’s reorganization process and that the company filed “out of nowhere” invoices just days after Gibson filed for protection from its creditors. Tronical executives claim they are owed $61.4 million by Gibson from two invoices, citing profit-sharing and future unearned research and development fees.
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