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The Rental Show– New Orleans, LA
February 6-8, 2012
Court Rejects H&E’s Appeal of Sunbelt Award
The North Carolina Court of Appeals last week threw out an appeal by H&E Equipment Services of an award of about $20 million to Sunbelt Rentals. The award was $15 million plus recovery of legal costs and pre and post-judgment interest.
The case was based on a claim by Sunbelt in 2000, before Sunbelt acquired BET USA, that H&E executed a plan to develop its aerial work platform rental business by raiding more than 100 staff from BET to open competing rental stores in seven major markets.
H&E has the right to challenge the judgment of the Court of Appeal by November 22.
Both Sunbelt and H&E are in the top 10 of the RER 100 — Sunbelt is No. 4 and H&E, based in Baton Rouge, La., is No. 10.
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