SIGA Technologies, Inc. v. PharmAthene

**What Happened:** SIGA Technologies and PharmAthene had an agreement that required SIGA to negotiate a licensing deal in good faith. However, SIGA deliberately acted in bad faith during these negotiations, refusing to work toward a fair agreement despite being contractually required to do so. **What the Court Decided:** The Delaware Supreme Court ruled against SIGA Technologies and upheld a massive $113 million judgment in favor of PharmAthene. The court found that SIGA had breached its contract by negotiating in bad faith and ordered SIGA to pay damages based on what PharmAthene would have reasonably expected to gain from a properly negotiated license agreement. **Why This Matters for Workers:** This ruling reinforces that companies cannot simply ignore their contractual obligations to negotiate fairly, even when circumstances change in their favor. While this case involved two businesses rather than an employer-employee relationship, it establishes an important principle: parties must honor their agreements to negotiate in good faith. For workers, this could apply to situations involving employment contracts, collective bargaining agreements, or other workplace negotiations where employers are required to engage honestly and fairly rather than going through the motions while planning to break their commitments.