Photo courtesy of IronPlanet Inc. IronPlanet argued that under the terms of the sale, it was due a 25% cancellation fee. Related Links: Equipment Dealers Jump Into the Auction Market Ten Minutes With Michael Kneeland, CEO of United Rentals Ritchie Bros. Auctioneers vows to appeal a trial jury's nearly $3-million judgment against the company for undermining online rival IronPlanet Inc.On Feb. 4, a Jackson County, Iowa, jury ordered Ritchie Bros. to pay $2,857,539, including $1.5 million in punitive damages, for breach of contract and intentional interference."We are disappointed with the jury's verdict," says Ritchie Bros. CEO Peter Blake. "We are
Arch dams, classically curved monoliths situated in narrow valleys, are not as common as other types of dams, such as embankment dams and gravity dams. ENR takes a look at some of the biggest arch dams in the world, both completed and under construction.