The federal judge overseeing multidistrict antitrust litigation over municipal derivatives has rejected dismissal bids from numerous defendants including Goldman Sachs Group Inc., Wells Fargo & Co. Inc. and Citibank NA, while throwing out claims against others including AIG Financial Products Corp.
Affirming the La Quinta Corp.’s contractual and intellectual property rights over franchisees, a federal appeals court has flatly rejected a former hotel operator’s appeal in a dispute over costly technology upgrades La Quinta mandated and the subsequent termination of the franchise contract.
Wachovia Bank NA has challenged a ruling effectively forcing it to arbitrate a dispute with Vanquish Capital Group LLC over a $10 million contract for a credit default swap that allegedly cost the U.K. hedge fund almost $9 million in collateral.
A concert promoter has sued Dwayne Carter, better known as incarcerated hip-hop kingpin Lil Wayne, for over $800,000 in funds lost on a show in the Bahamas that Carter refused to perform after passing out.
American Greetings Corp. has won summary judgment on MoonScoop SAS' contract and promissory estoppel claims in the entertainment company's case accusing American Greetings of backing out of a $95 million deal to buy intellectual property covering the Care Bear and Strawberry Shortcake characters in bad faith.
A federal judge has allowed Secure Energy Inc. to move forward with a slimmer version of its trade secrets and breach of contract case accusing Icon Construction Inc. and Datel Engineering LLC of acquiring its stock and then passing along secret information about the company to competitor Coal Synthetics LLC in violation of a confidentiality agreement.
A senior executive and his estranged wife have sued New United Motor Manufacturing Inc., claiming the company, a joint venture between Toyota Motor Corp. and General Motors Corp., is withholding $1.7 million in pension benefits promised under his employment contract.
The founder of CNet Networks Inc. is challenging a district court’s determination that he owes Sotheby’s Inc. $6.6 million in the auction house’s suit accusing him of backing out of deals to buy three paintings.
A judge has dismissed a negligence claim from a suit accusing Ford Motor Co. and Navistar International Corp. of producing trucks with defective diesel engines, allowing most of the breach of warranty case against the automobile companies to go forward.
BP Products North America Inc. has lost a bid to exclude testimony from three expert witnesses in a breach of contract and negligence suit alleging JV Industrial Cos. Ltd.'s shoddy piping work caused an $81 million fire at a BP refinery.
Rapper DMX has accused his copyright administrator Rich Kid Entertainment and its principal Rhondo Robinson of stealing royalties worth hundreds of thousands of dollars and improperly authorizing record labels to reproduce the artist's songs on other albums.
In the wake of a breach of contract dispute between the two former heads of video game development studio Infinity Ward and the studio's parent Activision Publishing Inc., 38 current and former Infinity Ward employees are suing Activision over as much as $125 million in unpaid royalties.
Reggaeton superstar Daddy Yankee has sued his former record label for copyright infringement, seeking $10 million from UMG Recordings Inc. and accusing the company of continuing to sell his albums after their licensing deal expired.
Harrah's Interactive Entertainment Inc., whose parent company owns the rights to the wildly popular World Series of Poker tournament, has accused an offshore gambling outfit of stiffing it on a $22 million promotional deal.
The New Jersey Department of the Treasury has defeated Merrill Lynch & Co. Inc.'s bid to dismiss its suit alleging the investment firm reneged on a deal to treat all investors the same when the state agreed to convert $300 million of Merrill Lynch preferred shares into common stock.
Dozens of U.S. automobile dealers are challenging a bankruptcy judge’s refusal to reconsider an order allowing Chrysler LLC castoff Old Carco LLC to reject their executory contracts and unexpired leases, arguing that the judge improperly changed the meaning of certain testimony.
The owners of the “Alvin and the Chipmunks” enterprise have sued Twentieth Century Fox Film Corp. for violating a production contract for the film “Alvin and the Chipmunks: The Squeakquel” and denying the co-author of the screenplay her share of box office profits.
T-Mobile has been hit with a breach of contract lawsuit accusing the telecommunications giant of refusing to pay $28 million owed to NetLogix, a wireless telecommunications engineering firm, for work on T-Mobile's 3G network.
A federal judge has shot down National Liability & Fire Insurance Co.'s attempt to dismiss, stay or transfer a suit accusing it of breaching contract by failing to pay for damage to a hepatitis B drug, paving the way for the case to continue in the U.S. District Court for the Southern District of Florida.
A federal judge has signed off on a magistrate judge's recommendation to dismiss the remaining claims of negligence and breach of contract against PricewaterhouseCoopers LLP and KPMG LLP — the auditors of defunct auto parts maker Collins & Aikman Corp. — in a suit accusing Collins & Aikman executives of sinking the company through a series of ill-advised acquisitions.