Commercial Contracts

  • January 27, 2012

    Husch Blackwell Accused Of Bungling Oil Co. Stock Offering

    Nevada-based onshore oil company EnerJex Resources Inc. hit Husch Blackwell LLP with a legal malpractice suit in Missouri state court Monday, saying the firm bungled the company's 2008 stock offering and caused EnerJex to suffer $50 million in losses.

  • January 27, 2012

    Ex-MacAndrews & Forbes Exec Wins $16M In Battle With Firm

    A New York federal jury sided with the former vice chairman for MacAndrews & Forbes LLC on Friday, handing him a $16 million award representing funds the company allegedly owed him as part of a separation agreement. 

  • January 27, 2012

    Legal Ad Co.’s Contract Claim Nixed By Copyright Law

    A Massachusetts federal judge ruled Wednesday that U.S. copyright law preempted legal advertising company Market Masters-Legal's claim that personal injury firm Parker Waichman LLP had breached its contract by continuing to use ad materials from Market Masters after dropping the company.

  • January 27, 2012

    Auditor Settles Claims Over $7M Charter School Bond

    Darnell & Meyering PC, an auditor involved in a troubled $7 million bond issue for a Michigan charter school, on Friday settled Michigan federal court claims by a group of investment funds that the auditor had signed off on false financial statements related to the issue.

  • January 27, 2012

    Talent Giant WME Drops $30M In Parking Lot Fracas

    Hollywood talent agency William Morris Endeavor LLC reportedly agreed to shell out as much as $30 million on Thursday to settle a lease dispute with real estate developer George Comfort & Sons Inc. after the agency objected to sharing a parking garage with a rival firm.

  • January 27, 2012

    McGraw-Hill Doesn't Pay Foreign Royalties: Class Action

    An author slammed The McGraw-Hill Cos. Inc. with a proposed breach of contract class action Wednesday in New York, claiming the publisher failed to properly compensate authors for royalties on books sold for use in foreign countries.

  • January 26, 2012

    HFPA Unlawfully Shopped Golden Globes, Judge Hears

    An attorney representing Dick Clark's production company suggested on Thursday during a federal bench trial over the broadcast rights for the Golden Globes that the head of the Hollywood Foreign Press Association unlawfully shopped the rights to CBS Corp. in 2010.

  • January 26, 2012

    Google's Online Pet Game Creates Unfair Accounts: Suit

    Google Inc. on Thursday removed to California federal court a class action accusing it of creating unfair terms of use for its online SuperPoke! Pets game, which allow the company to shut down users' accounts without reason.

  • January 26, 2012

    BP On Hook For Some Deepwater Claims Against Transocean

    The federal judge handling multidistrict litigation over the Deepwater Horizon disaster ruled Thursday that BP PLC must cover some oil-spill-related compensatory damages against Transocean Ltd., even if they involved negligence or strict liability on Transocean’s part.

  • January 26, 2012

    Facebook, Washington AG Target 'Clickjacking' Scheme

    Facebook Inc. and Washington state on Thursday hit Adscend Media LLC with separate suits over the online advertising company's alleged “clickjacking” schemes, in which Facebook users were tricked into visiting sites that paid Adscend for referral traffic.

  • January 26, 2012

    TBS Sued Over ‘Falling Skies’ Font Rights

    The founder of a graphic design company lodged a suit in New York federal court last week against Turner Broadcasting System Inc. and Titleboy Films Inc. alleging that the TNT television series "Falling Skies" ripped off its font software.

  • January 26, 2012

    Nestle Fires Back At Mead Johnson Over Bottle Design IP

    Months after it was hit with similar claims, Nestle Healthcare Nutrition Inc. on Thursday accused rival Mead Johnson & Co. LLC of illegally using Nestle's patented bottle design for products that directly compete with nutritional drinks supplied to Nestle under a licensing agreement.

  • January 26, 2012

    Music Network's Asset Row Wrongly Names 2 Defendants: Suit

    Two passive investors in struggling country music video broadcaster AFN LLC sought sanctions Thursday against The Country Network LLC in TCN's Florida lawsuit seeking to uphold its purchase agreement for AFN's assets, saying the complaint's naming of them constituted harassment.

  • January 26, 2012

    1st Circ. Grounds Travel Co.'s Contract Coverage Claims

    The First Circuit on Thursday ruled that travel company Lopez & Medina Corp. is not entitled, under a commercial general liability policy, to $10 million in coverage surrounding breach of contract claims against an airline with which it had a brief relationship.

  • January 26, 2012

    Last Gulf Lease Sale Under DOI Program Set For June

    The U.S. Department of the Interior's Bureau of Ocean Energy Management on Thursday set a June 20 date for the last Gulf of Mexico oil and natural gas lease sale under a five-year DOI program, designed to include unleased areas offshore Louisiana, Mississippi and Alabama.

  • January 25, 2012

    Dick Clark Burnished Golden Globes, Judge Hears

    Television icon Dick Clark rescued the Golden Globes from the scandal-ridden management of the Hollywood Foreign Press Association, transforming it from the butt of jokes to a national television event, a federal judge heard Wednesday in a bench trial over broadcast licensing rights for show.

  • January 25, 2012

    Fitness Chain Can't Compel Worker Arbitration: 5th Circ.

    The Fifth Circuit on Wednesday allowed a proposed overtime class action against 24 Hour Fitness USA Inc. to go forward, finding an arbitration agreement at issue contained an “escape hatch” for the fitness chain that made it unenforceable. 

  • January 25, 2012

    Ex-Broker Says BCI President Aided SEC Obstruction

    A former investment broker for BCI Aircraft Leasing Inc. told an Illinois federal jury Wednesday that BCI's president, who faces fraud charges, helped him lie to the U.S. Securities Exchange Commission, but also admitted that he couldn't be certain the BCI executive actually saw the allegedly sham document at issue.

  • January 25, 2012

    BP Loses Bid To Quash Gas Lease Stakeholder Claims

    A federal judge in Kansas on Tuesday largely denied BP America Production Co.'s request to throw out claims brought by a class of gas lease stakeholders seeking royalty payments, finding that previous legal disputes did not render the allegations moot.

  • January 25, 2012

    Guarantors Can't Evade Suit Over $60M Mall Loan

    An Illinois federal judge on Wednesday kept Chivas Retail Partners LLC on the hook as guarantors to a $59.7 million delinquent loan to a Georgia shopping center, denying the company's motion to dismiss allegations brought by lender Inland Mortgage Capital Corp.