The Mypillow shipping bill lawsuit is one of the complex and amazing lawsuit of recent times and this is because. The lawsuit involves two reputable organizations which are the Mypillow shipping company and DHL a famous and reputable freight company. The lawsuit is about claims of failure to pay by the Mypillow company where DHL is suing them for failing to pay their shipping bills as agreed, here are some of the main details in the lawsuit as seen in court documents:
The Dispute in The Mypillow Shipping Lawsuit
The Mypillow shipping bills lawsuit revolves around failure to pay where DHL a famous German courier company is accusing Mypillow of failing to pay for shipping services. In their allegations fronted to the court, DHL claims that they rendered shipping services to the Mypillow company but the company went against their company agreement by failing to pay on time as agreed between these two entities.
DHL further claims that by failing to make the installment payments in fulfilment of their agreement, Mypillow breached a contract that existed between them and DHL and hence must be held legally accountable for their actions. Thus, DHL moved to court in the month of September to file a legal lawsuit against the Mypillow company where they are now seeking to have the court compel Mypillow to complete all the remaining payments to them and on top of that also pay for all the legal fees incurred in this process.
The Final Verdict in The Mypillow Shipping Bill Lawsuit
As expected, the Mypillow Shipping Bill lawsuit did not take time in court given there were all materials and everything else that was needed to expedite this process. The matter went to court, was heard and determined and fortunately for DH L, the case went their way. The judge who heard and determined this lawsuit found Mypillow company guilty of all the charges that were levelled against them and ordered them to pay a sum of $778, 000 which was broken down to outstanding payments, interests accrued during the period of the money was paid and the legal fees.
The Mypillow Company Response to The DHL Lawsuit
Aware of the proceedings of the DHL lawsuit and its potential consequences, the Mypillow CE O moved fast to react. In his remarks, he said that Mypillow stopped using the DHL services long time ago actually over a year ago. The reasons for the discontinuation of the working relationship between these two companies according to the Mypillow CEO were disputes over payments among others.
However, the CEO of Mypillow did not mention anything regarding the dispute that the court had presided over and its outcome. For instance, while the Mypillow CEO argues that his company ended its working relationship with DHL, that does not necessarily mean that these two companies is affected. Therefore, if Mypillow enlisted the services of DHL for the period in question and failed to pay then DHL is well within its rights to demands payment and further legal accountability from the company for not just failing to pay them but also causing them a financial distress that came about as a result of delayed payments and further legal charges incurred in prosecuting the case in a court of law.
The DHL Response to The Mypillow Shipping Lawsuit
While it is not very clear how much DHL was demanding from Mypillow over unpaid bills ,the company has not made any comment regarding the issue. Thus, it is quite unclear if they are satisfied with the decision of the court over the lawsuit or not though indications are they could be satisfied.
The Financial Crisis at Mypillow
The decision by the court to grant DHL a payment of $778,000 from the Mypillow shipping bill lawsuit cast Mypillow into further financial crisis. The company is already battling a myriad of financial issues and this one here has further exacerbated their financial situation.
The fact that the Mypillow CEO talked about ending the working relationship between his company and DHL is a clear indication of the financial position of the company. It is alleged that the Mypillow company is going through a very rough time financially and cases like this one are just an indication of what is happening in the institution. If and whether they will be able to overcome all these challenges and rise again remains a matter of wait and see.
As of now, the company is going through some rough times and the decision by the court to fine it $778, 000 is just a highlight of it. With the court decision rendered, it is not clear if the Mypillow company will appeal this decision or not.
Conclusion
The Mypillow shipping bill lawsuit is a great highlight of the financial crisis that the Mypillow company is going through. With a decision now made to fine the company $778,000 and no appeal likely to come through from the company, it is right to say that Mypillow financial situation has gone from bad to worse.