Commercial Contracts

  • January 4, 2012

    11th Circ. Nixes Order Giving News-Journal Assets To Cox

    The Eleventh Circuit on Wednesday vacated a lower court's ruling that called for the distribution of News-Journal Corp.'s assets to a shareholder, citing a Florida statute prohibiting distributions to shareholders if doing so renders the corporation insolvent.

  • January 4, 2012

    Grant Thornton Can't Force Tax Atty Arbitration: Court

    An Illinois appeals court on Friday overturned an order forcing an ex-Grant Thornton LLP tax attorney to arbitrate his indemnification claims against the accounting firm instead of pursuing them in court, finding the parties had no written arbitration agreement.

  • January 4, 2012

    Disney Inks 10-Year Distribution Deal With Comcast

    Comcast Corp. has reached a 10-year deal with The Walt Disney Co. to offer programming from ABC, ESPN Inc. and other Disney units to Comcast's cable subscribers both live on television and streaming on other devices, the companies said Wednesday.

  • January 4, 2012

    MFC, Alberici Take Over Distressed Iron Ore Mine

    Commodities delivery company MFC Industrial Ltd. and construction firm Alberici Group Inc. have taken over a distressed iron ore mine in Missouri that had been bogged down by contractual disputes over ownership rights, MFC said Wednesday.

  • January 4, 2012

    CFTC Rejects Wall Street's Bid To Delay Position Limit Rule

    The U.S. Commodity Futures Trading Commission on Tuesday rejected a request by two Wall Street lobbying groups to delay implementation of rules aimed at curbing speculation in commodities markets as the groups mount a legal challenge to the rules.

  • January 4, 2012

    Reed Smith Filed Shoddy Patent Applications: Suit

    Altapure LLC hit Reed Smith LLP with a breach of contract and malpractice suit in Illinois on Tuesday, claiming the law firm botched U.S. and European patent applications covering disinfection technology.

  • January 3, 2012

    AT&T Wins Bid To Arbitrate In Service Quality Class Action

    A California federal judge on Tuesday granted AT&T Inc.’s motion to compel individual arbitration in a suit by a proposed class of AT&T phone service users claiming they received poor service on its aggressively marketed mobile phone network.

  • January 3, 2012

    Panasonic Gets Samsung Antitrust Suit Tossed, Again

    For the second time, a California federal judge on Tuesday tossed Samsung Electronics Co. Ltd.’s antitrust suit accusing Panasonic Corp. of using a patent licensing deal to control the market for digital memory cards used in cameras and cellphones.

  • January 3, 2012

    Rap Label Sugar Hill Targets UMG Over Royalties

    Two months after a New York judge tossed their royalties suit over a foreign rights contract against Sanctuary Records Group Ltd., hip-hop label Sugar Hill Records performers on Thursday launched another against Universal Music Group Inc., which acquired Sanctuary Records in 2007.

  • January 3, 2012

    Calif. Court Quashes AccentCare's Arbitration Mandate

    A California appeals court on Tuesday said a provision in an employment application for home health care company AccentCare Inc. requiring employment disputes to be resolved through binding arbitration is unenforceable because the requirement itself is unconscionable.

  • January 3, 2012

    Marvel Whips ‘Ghost Rider’ Creator's Copyright Suit

    A New York federal judge ruled last week that a comic book writer cannot bring copyright claims against Marvel Enterprises Inc. over “Ghost Rider,” because he signed over all rights to the character and his origin story in two separate contracts.

  • January 3, 2012

    Deepwater Horizon Claims Adjusters Bury Wage Action

    Worley Catastrophe Response LLC, a disaster claims company hired by BP PLC after the Deepwater Horizon oil spill, settled on Tuesday with a putative class of claims adjusters claiming the company had paid them less than they were due under an employment contract.

  • January 3, 2012

    'Ghost Hunters' Idea Theft Claims Refiled In Calif. Court

    A parapsychologist who claims NBC Universal Inc. stole his idea for the TV show "Ghost Hunters" refiled his breach of contract complaint Thursday in California state court, following the U.S. Supreme Court's recent decision not to hear an appeal in the suit.

  • January 3, 2012

    EBay Unfairly Hid Auction Bids: Sellers

    A putative class of consumers sued eBay Inc. on Friday in California federal court for allegedly breaching its user agreement by misrepresenting bid prices to sellers while purporting to be a neutral middleman.

  • January 3, 2012

    Spire Settles With Catheter Co. Over Recall, Deal Bungle

    Medical device maker Spire Biomedical Inc. settled its breach of contract suit on Tuesday against Catheter and Disposables Technology Inc. claiming the supplier's manufacturing errors forced a massive catheter recall and bungled a corporate deal.

  • January 3, 2012

    Grey Mountain Sues Over Alleged Bolttech Buyout Fraud

    Private equity firm Grey Mountain Partners LLC on Friday sued the former owners of Bolttech Holdings LLC for allegedly inflating the value of the bolting technology company to induce Grey Mountain to acquire it for $30 million more than its worth.

  • January 3, 2012

    Regeneron Strikes Deal With Genentech To Market Eylea

    Regeneron Pharmaceuticals Inc. has partially settled its patent litigation in New York against Genentech Inc., securing a licensing agreement in order to market Eylea, a treatment for macular degeneration, the company announced Tuesday.

  • December 23, 2011

    SEC Backs Lehman Trustee In $1.3B Barclays Asset Appeal

    U.S. securities regulators on Thursday sided with the trustee overseeing the liquidation of Lehman Brothers Inc. in a $3 billion dispute with Barclays PLC, saying a transfer of nearly $1.3 billion in assets from the bankrupt brokerage to Barclays would violate federal securities laws.

  • December 23, 2011

    Super Bowl Fans Revive Fight Over Deceptive Ticket Sales

    Would-be attendees of the most recent Super Bowl renewed their fight Wednesday in Texas federal court against the NFL and the Dallas Cowboys, adding fraud and breach of contract claims to a class action claiming the Cowboys negligently oversold seats for the game.

  • December 23, 2011

    Orrick To Face Coudert Claims In District Court

    A federal judge ruled on Friday that claims brought by defunct law firm Coudert Brothers LLP's plan administrator over the sale of the firm's Chinese assets to Orrick Herrington & Sutcliffe LLP should be battled out in federal district court, not bankruptcy court.