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The parties' business agreement proved to be mutually beneficial or, more accurately, wildly successful in the short term. Between June 2009 and summer 2014, SELA and CT Miami transacted nearly $1 billion in open-market cell phone sales together, with CT Miami dramatically increasing SELA's open-market sales in the region. However, in 2014, the public demand for the Galaxy S5 was significantly less than either SELA or CT Miami had anticipated; the market retail value of the Galaxy S5 fell to approximately $420 per unit; and CT Miami was forced to sell the phones at a loss, resulting in a substantial hit to its overall business. Meanwhile, competing open-market distributors began selling the phones at a lower price than CT Miami, which further reduced CT Miami's profits. Following this setback, CT Miami failed to pay SELA on several of the outstanding invoices totaling, according to SELA, approximately $21 million

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