Israel Chemicals Ltd. (ICL), Tel Aviv, on Dec. 3 filed a lawsuit in Tel Aviv District Court against IBM Israel in relation to IBM’s alleged failure to supply ICL with a major global information system or harmonization project, according to Bloomberg. ICL seeks $300 million in compensation. ICL said it filed the suit after exhausting attempts at mediation.
The harmonization project, which was contracted in 2012, was abandoned in 2016, and ICL made a one-time write off of $282 million in third-quarter 2016 as a result, according to Israel’s Globes. ICL alleges incompetence on IBM’s part.
ICL said the system handed over to it in 2016 was unstable, not integrated, and dysfunctional. IBM issued a statement saying the case was without merit and that it would vigorously defend against it.