Commercial ContractsRSS

  • July 22, 2010

    Insurers On Hook For Seagate Litigation Defense Costs

    A federal judge has handed Seagate Technology LLC a pair of victories in an insurance dispute, forcing Insurance Co. of the State of Pennsylvania to reimburse the data storage company for more than $14.5 million in contract litigation costs and denying an arbitration request by ISPO and National Union Insurance Co. of Pittsburgh, Pa., over the coverage allegations.

  • July 22, 2010

    Nike Strips Claims From Jordan Licensing Fight

    A judge has cut Lanham Act and other claims from SportsFuzion Inc.'s suit alleging Nike Inc. and the Naismith Memorial Basketball Hall of Fame conspired to prevent it from selling apparel and footwear related to Michael Jordan's upcoming induction.

  • July 22, 2010

    Hughes Heirs Win Claim Appraisal Spat With GGP

    Heirs of billionaire Howard Hughes have won the opportunity to conduct a full-scale valuation process for amounts they believe they are owed by bankrupt General Growth Properties Inc. for interest in Nevada master-planned community Summerlin.

  • July 21, 2010

    Motorola Adds Huawei To Trade Secrets Dispute

    Motorola Inc. has added China-based telecommunications giant Huawei Technologies Co. Ltd. as a defendant in its breach of contract and trade secrets misappropriation suit against a number of former employees and rival technology company Lemko Corp.

  • July 21, 2010

    Gardere Claims Victory In GNC Malpractice Suit

    Gardere Wynne Sewell LLP won summary judgment Wednesday in a legal malpractice suit that alleged the firm gave improper advice to General Nutrition Corp. on the consequences of nixing contracts with a magazine publisher.

  • July 21, 2010

    Carmack Amendment Springs Van Co. From Cargo Suit

    In a case Travelers Property Casualty Co. of America brought to hold Legacy Transportation Services Inc. liable for damaged cargo, a federal judge has dismissed as preempted Legacy's third-party claims against United Van Lines LLC.

  • July 21, 2010

    NHL Star Drops Malpractice Suit Against Hyman Lippitt

    Ex-NHL star Sergei Fedorov and his former counsel at Hyman Lippitt PC have agreed to drop a malpractice suit claiming the firm's conflict of interest in its simultaneous representation of Fedorov's financial adviser contributed to the hockey player's loss of more than $60 million in investments.

  • July 21, 2010

    Claims Cut In Suit Over Firm's Work On $30M Loan

    A federal judge has dropped negligence claims from a real estate firm's suit accusing law firm Fieldstone Lester Shear & Denberg LLP and a title insurer of misconduct in representing a now-bankrupt borrower in its quest to secure a $30 million loan, leaving only a breach of contract claim in play.

  • July 20, 2010

    McDermott Accused Of $143M Patent App Blunder

    Nomir Medical Technologies Inc. has filed suit against McDermott Will & Emery LLP, claiming three attorneys at the firm missed patent filing deadlines and cost the medical device maker at least $143 million in lost profits.

  • July 20, 2010

    KeySpan Hit With Antitrust Action Over Power Rates

    KeySpan Corp. and Morgan Stanley Capital Group Inc. are facing a putative antitrust class action that accuses them of entering into a derivative transaction that allowed the electricity generation company to keep power prices artificially high.

  • July 20, 2010

    Mesa, United End Fight Over Regional Air Contract

    United Airlines Inc. has ended its fight with bankrupt Mesa Air Group Inc. over a regional air service contract, following a bankruptcy judge's decision that United can sue the budget airline outside of its Chapter 11 proceedings.

  • July 20, 2010

    City's $22M Award Upheld In Waste Collection Spat

    A California appeals court has upheld a $22.4 million jury verdict in favor of the city of Compton, Calif., in its dispute with Hub City Solid Waste Services Inc. and its founder over the city's premature termination of a 15-year waste collection franchise agreement.

  • July 19, 2010

    Options Claims Rival Stole Secret Recruitment Data

    The Options Group Inc. has accused rival financial services executive recruitment firm VnV Partners LLC and two VnV principals of paying an Options Group executive to send them information from its proprietary databases in violation of an employment contract.

  • July 19, 2010

    Avis Budget Escapes Contract Action Over Gas Fees

    Car rental giant Avis Budget Group Inc. has won the dismissal of a putative breach of contract class action claiming that it illegally charged customers for fuel even when rental cars were returned with a full tank of gas.

  • July 19, 2010

    JPMorgan Sues Over Texas Rangers Lease Transfer

    JPMorgan Chase Bank NA is seeking to void the transfer of a stadium lease to bankrupt Texas Rangers Baseball Partners, saying that the move interferes with the lender’s ability to collect $411 million owed by the baseball team’s owner.

  • July 19, 2010

    Norton Settles Lehman Gold Hedge Dispute For $93M

    Australian gold producer Norton Gold Fields Ltd. has agreed to provide bankrupt Lehman Brothers Holdings Inc. with more than $93 million in cash and IOUs to settle obligations under a derivative contract that placed a losing bet on gold prices.

  • July 19, 2010

    Trademark Claims Tossed In Tape Makers' Contract Spat

    A federal judge has rejected Intertape Polymer Corp.'s bid for summary judgment in its breach of contract suit against Inspired Technologies Inc. but handed the company a partial victory by tossing its rival tape manufacturer's trademark infringement counterclaims.

  • July 19, 2010

    DC Circ. Awards Apache Nation Extra Gas Royalties

    A federal appeals court has reversed a lower court ruling that denied the Jicarilla Apache Nation added royalties in a dispute over leases for natural gas drilling on its reservations, holding that the U.S. Department of the Interior wrongly applied rules retroactively when it rejected the bid in 2007.

  • July 19, 2010

    Developer May Have Bilked $10M From Partners: Judge

    A federal judge has ruled that the president of Thomas Enterprises Inc., which has developed $4 billion in retail property since 1987, could owe more than $10 million to three partners in a Sacramento, Calif., real estate project for breaching a contract related to the development.

  • July 16, 2010

    National Union Sues Liberty Mutual Over Can Claims

    National Union Fire Insurance Co. of Pittsburgh, Pa., is suing to force Liberty Mutual Fire Insurance Co. to pay a greater share of the $5.5 million Silgan Containers Corp. owes Del Monte Corp. for defective tomato cans.