TBA Law Blog

Posted by: Brittany Sims on Dec 17, 2013

Nashville-based Gibson Brands Inc. has filed a multimillion-dollar federal lawsuit against technology company Ceton Corp., claiming a breach of contract over a wireless home-entertainment system that Gibson was paying Ceton to develop. In the suit, filed the suit in U.S. District Court in Nashville, Gibson alleges it contracted with Kirkland, Wash.-based Ceton to design and produce a system that Gibson conceived and intended to launch at the Consumer Electronics Show in Las Vegas next month. Gibson claims that Ceton has stopped working for the Nashville company and plans to produce and market the system on its own, the Tennessean reports.