middle.news

DUG Technology Faces $2.4M Texas Supplier Claim, Countersues for $3.1M

9:41am on Tuesday 29th of July, 2025 AEST Technology
Read Story

DUG Technology Faces $2.4M Texas Supplier Claim, Countersues for $3.1M

9:41am on Tuesday 29th of July, 2025 AEST
Key Points
  • Disputed supplier invoice from 2021 triggers US$2.4 million claim
  • DUG US declared force majeure after Texas storm in 2021
  • Supplier initiated legal proceedings in June 2024 after nearly three years of silence
  • DUG US filed a US$3.1 million counterclaim related to energy sales
Read Story
middle.

Tap to Read

Tap the card to read the full analysis
about Dug Technology (ASX:DUG)
OPEN ARTICLE