Commercial Contracts

  • August 27, 2012

    Video Game Developer's Noncompete Is Null: Calif. Court

    A California appeals court on Friday sided against Fillpoint LLC in a suit accusing a video game developer of breaching a noncompete covenant in an employment agreement, holding that the covenant was void and unenforceable under state law.

  • August 27, 2012

    Mammoth Lakes Settlement May Inspire More Ch. 9 Mediation

    Mammoth Lakes, Calif.'s settlement last week of the real estate dispute that drove the ski resort town into insolvency is likely to speed up its Chapter 9 proceedings and encourage other municipalities in bankruptcy to use mediation in conjunction with their cases, attorneys say.

  • August 27, 2012

    Dunmore Owner Sanctioned In $20M Travelers Bond Row

    A California federal judge on Monday sanctioned the former owner of bankrupt Dunmore Homes Inc. for fighting an order to turn over personal tax information to Travelers Casualty and Surety Co. of America, which is seeking to recoup $20 million in bond guarantees.

  • August 27, 2012

    Broke MSR Conditionally OK'd To Nix Hilton Deals For $124M

    A New York bankruptcy judge issued an order Monday conditionally allowing MSR Resort Golf Course LLC to reject property management agreements with a Hilton Worldwide Inc. unit and officially pegging damages associated with the rejection at about $123.8 million.

  • August 27, 2012

    Accomplice In NY Hospital Kickback Scheme Denied Release

    A New York federal judge refused Monday to free the president of two asbestos abatement companies while he appeals his four-year prison sentence for his role in a kickback scheme to defraud New York Presbyterian Hospital.

  • August 27, 2012

    Victoria's Secret Hit With $15M Suit Over Knockoff Hosiery

    Victoria's Secret Stores Inc. hosiery supplier Zephyrs has hit the lingerie retailer with a $15 million lawsuit in Ohio federal court accusing the company of selling knockoff stockings while using misleading pictures of Zephyrs' higher-quality products, violating their supply contract and federal false advertising laws.

  • August 27, 2012

    CFTC Floats CEA Exemptions For Utility Deals

    The U.S. Commodity Futures Trading Commission is proposing to exempt certain transactions by regional transmission organizations and independent system operators from some Commodity Exchange Act provisions, according to a Federal Register notice scheduled to be published Tuesday.

  • August 27, 2012

    Simon Seeks To Ax Antitrust Suit Over Shopping-Center Share

    Mall operator Simon Property Group Inc. on Friday asked an Indiana federal court to toss antitrust claims brought by competitor Gumwood HP Shopping Partners LP in a dispute over shopping center market share in the state, saying a magistrate judge's support of Gumwood's claims misapplies the law.

  • August 27, 2012

    RF Micro Says Ex-Workers Used Secrets To Start Rival

    Wireless circuitry company RF Micro Devices Inc. on Friday brought a suit in North Carolina federal court accusing a group of former employees of violating confidentiality agreements by absconding with proprietary information about the company's products and business relationships in order to form a rival company.

  • August 27, 2012

    Google False Ads Class Action Slashed Again

    A California federal judge on Friday once again gutted a proposed class action accusing Google Inc. of unfairly and deceptively applying its advertising pricing policies, dismissing all but one claim from the lawsuit.

  • August 27, 2012

    Suit Says Dollar Dupes Customers Into Unwanted Coverage

    A California consumer launched a putative class action against Dollar Rent-A-Car Inc. on Friday in California federal court, claiming the rental service systematically dupes renters into paying for collision damage waivers and insurance policies in rental contracts in spite of having specifically declined those policies.

  • August 27, 2012

    Army Contractor IBG, Exec End Trade Secrets Row

    U.S. Army contractor International Biometric Group LLC on Friday dropped its federal lawsuit in New York against a former director it had accused of bilking trade secrets after leaving the company for a rival contractor, in violation of a noncompete agreement. 

  • August 27, 2012

    AT&T, Subcontractors Settle $5M Fuel Spill Suit

    AT&T Mobility LLC subcontractors on Friday reached a settlement with the company in a $5 million suit over the spill of 16,000 gallons of diesel fuel at a data center in Washington state.

  • August 24, 2012

    Tribe Contests Grand Canyon Skywalk Developer's $29M Award

    An arbitrator has awarded the developer of a glass walkway looking over the Grand Canyon $28.6 million in a dispute over the walkway's seizure by a Native American tribe, but the tribe claims the award is unenforceable because the tribal nation did not waive sovereign immunity.

  • August 24, 2012

    Apple Didn't Infringe Key Motorola Wi-Fi Patent, ITC Rules

    The U.S. International Trade Commission on Friday cleared Apple Inc. of allegations that its products infringed three Motorola Mobility Holdings Inc. patents, including the wireless communications patent that could have banned the import of iPhones and iPads into the U.S.

  • August 24, 2012

    Morningstar Can't Duck Ponzi Scheme Receiver's Suit

    A Pennsylvania federal judge ruled Thursday that the receivership estate of convicted Ponzi schemer Robert Stinson Jr. can proceed with a lawsuit alleging the Morningstar Inc. investment ratings agency contributed to Stinson's fraud by giving one of his hedge funds its top rating.

  • August 24, 2012

    Chet Baker Estate Loses Bid To Nix Movie Option Suit

    A California judge on Friday refused to throw out claims that the family and estate of trumpeter Chet Baker breached a contract optioning the rights to the musician's life story for a film, saying the defendants waited too long to challenge Joss Communications Inc.'s complaint.

  • August 24, 2012

    Borrowers Score Class Cert. In Mortgage Suit Against RBS

    A California federal judge on Thursday agreed to certify a class of borrowers alleging that defunct wholesale mortgage lender Paul Financial LLC issued deceptive loans doomed for negative amortization that it later sold to RBS Financial Products Inc., finding common issues trumped individual ones.

  • August 24, 2012

    Energy Co. Seeks $465M From Shaw Group In Contract Suit

    Energy firm Carbon Holdings Ltd. lodged a suit against The Shaw Group Inc. in Louisiana federal court on Thursday, looking to secure $465 million from the engineering and construction company for allegedly failing to fulfill contractual responsibilities for the development of a $3.75 billion petrochemical plant in Egypt.

  • August 24, 2012

    BofA To Pay $40M To Resolve Ex-Advisers' Suit

    Bank of America Corp. has agreed to pay about $40 million to settle a class action that is part of an ongoing dispute with former Merrill Lynch & Co. financial advisers who claim they were shortchanged when the two banks merged, lawyers confirmed Friday.