Atlas Copco Industrial Compressors, Inc. v. Karn Repair Service, Inc.

Plaintiff Atlas Copco Industrial Compressors, Inc. (Atlas Copco) initiated a breach of contract action against defendants Karn Repair Service, Inc., and Karn Equipment, Inc. (Karn), which were distributors of its products. The gravamen of Atlas Copco’s claim was that Karn failed to make payments on account balances owing for products supplied to it by Atlas Copco. Karn counterclai med for breach of contract, for fraudulent representation, and for a setoff and recoupment based on Atlas Copco’s alleged failure to assign to Karn the account of a particular customer, Intalco Aluminum (Intalco).…