T G Plastics Trading Co., Inc. v. Toray Plastics (America), Inc.
Court of Appeals for the First Circuit
1Opinion of the Court
LYNCH, Chief Judge.
In 2007, Toray Plastics (America), Inc. (“Toray”) of Rhode Island, a manufacturer of plastic film products, and T G Plastics Trading Co., Inc. (“National Plastics”), a Colorado-based broker of plastic film products, entered into a Settlement Agreement to resolve a pending lawsuit. As part of the Settlement Agreement, Toray agreed to sell certain materials exclusively through National Plastics and to pay National Plastics a twelve percent commission on all sales of the materials thereby generated. National Plastics, believing that To-ray had not held up its end of the…
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