Commercial Contracts

  • November 3, 2011

    AmEx Offers $50M To End Currency Fee Claims: Atty

    American Express Co. has agreed to pay $49.5 million to partially settle a class action in New York accusing the credit card giant of conspiring with several banks to fix foreign currency conversion fees and impose arbitration clauses in cardholder agreements, the plaintiffs’ attorney said Thursday.

  • November 3, 2011

    11th Circ. Upholds Coca-Cola Win In World Cup Song IP Suit

    The Eleventh Circuit on Thursday affirmed a district court's dismissal of a suit accusing The Coca-Cola Co. of infringing a copyright on a composer's translation of a song used in promotions for the 2010 FIFA World Cup.

  • November 3, 2011

    Hagens Berman Contract Suit Will Go Forward: 3rd Circ.

    The Third Circuit on Thursday upheld a lower court's decision allowing Hagens Berman Sobol Shapiro LLP's suit against two securities lawyers over an employment contract to proceed despite the bankruptcy filing of one of the lawyers.

  • November 3, 2011

    Calif. Official Charged With Stealing Funds Sues Over Firing

    A former Bell, Calif., official facing criminal charges for misappropriating public funds filed a lawsuit Wednesday claiming the municipality breached her employment contract by firing her without notice and severance and by refusing to indemnify her for her civil and criminal defense.

  • November 3, 2011

    Ameriprise Must Arbitrate Despite $100M Deal: 2nd Circ.

    In a case with potentially far-reaching implications, the Second Circuit ruled Thursday that a pair of investors could arbitrate their contract and fraud claims against Ameriprise Financial Services Inc. even though they were part of a $100 million class settlement that mostly released the company from its consent to arbitrate.

  • November 3, 2011

    Judge Bounces Suit Alleging Cuban Mismanaged Mavs

    A Texas state judge on Thursday threw out a lawsuit alleging Dallas Mavericks owner Mark Cuban broke a partnership agreement by bungling the team’s finances, ending a case that lost its swagger after the Mavericks won the NBA championship in June.

  • November 3, 2011

    Ceglia Told To Return To US In Facebook Contract Fight

    A federal judge on Thursday ordered the man suing Facebook Inc. founder Mark Zuckerburg for half-ownership of the company to return to the U.S. to conduct a search for electronic documents that attorneys believe may contain evidence regarding the parties' alleged 2003 agreement.

  • November 3, 2011

    Rap Label Sugar Hill Finds No Delight In Royalties Row

    A New York federal judge on Wednesday dismissed efforts by the producer and performers behind pioneering hip-hop label Sugar Hill Records to cancel a contract giving foreign rights for a number of master recordings to Sanctuary Records Group Ltd.

  • November 3, 2011

    Ex-IBM Exec Can Keep HP Job: 2nd Circ.

    The Second Circuit ruled Thursday that a former head of IBM Corp.'s information technology unit who left for a similar position at Hewlett-Packard Co. in February could keep his job with the rival, ruling IBM could not prove a potential competitive threat.

  • November 3, 2011

    VF Says Denim Brand Founder Used Marks After Sale

    VF Corp., which bought clothing company Rock & Republic Enterprises Inc. out of bankruptcy in March, sued R&R's founder Monday in New York for allegedly breaking the terms of an asset sale agreement by selling cosmetics boasting the brand's name.

  • November 3, 2011

    Funk Songwriter Pops EMI With $1.4M Royalties Suit

    A co-writer of the hit songs "Boy You Know Just What I'm After" and "Pop That Thang" lodged a $1.4 million breach of contract and copyright infringement suit against EMI Music Publishing on Monday in New York, claiming the label wrongly withheld royalty payments.

  • November 3, 2011

    US Bank Forced Excessive Policies On Homeowners: Suit

    A condominium owner launched a class action in Minnesota on Wednesday accusing U.S. Bank NA of knowingly forcing him to buy more flood insurance than is required under his mortgage agreement or federal law.

  • November 3, 2011

    JPMorgan's Agreement With FDIC Staves Off Mortgage Suit

    JPMorgan Chase Bank NA on Wednesday won the dismissal of a class action alleging the bank hid ballooning payments from mortgage borrowers when a California federal judge ruled that an agreement with the Federal Deposit Insurance Corp. shielded the bank.

  • November 2, 2011

    Pharm Co. Breckenridge Sues Rivals Over Generic Laxative

    Breckenridge Pharmaceutical Inc. on Wednesday accused rival drugmakers UCB Inc. and Kremers Urban Pharmaceuticals Inc. of marketing prescription versions of Breckenridge's generic laxative product, despite a former agreement to stop distributing the drug.

  • November 2, 2011

    Soccer Groups Try To Kick RICO Claims In Antitrust Suit

    The U.S. Soccer Federation and Major League Soccer LLC sought to dismiss ex-promoter ChampionsWorld LLC’s racketeering and state law claims in its Illinois antitrust suit, disputing claims that USSF did not have the authority over matches it imposed fees on, according to documents made public Tuesday.

  • November 2, 2011

    Interference Claim Survives In Atty's Golden Globes Suit

    A California judge on Wednesday refused to toss an entertainment attorney's claim that the Hollywood Foreign Press Association interfered with his nonprofit's business contracts by muddying his name after the HFPA severed ties with his charity following the 2010 Golden Globe Awards.

  • November 2, 2011

    Jenner Can't Rep Cablevision In Verizon Suit, Judge Affirms

    A New York federal judge on Monday affirmed a magistrate judge’s order disqualifying Jenner & Block LLP from representing Cablevision Systems Corp. subsidiaries in a suit accusing a Verizon Communications Inc. unit of refusing to pay contractual and tariffed rates for network access.

  • November 2, 2011

    Holiday Inn Stiffed Guests Over Cancellations: Suit

    The Intercontinental Hotels Group Operating Corp. and its Holiday Inn Express Hotel & Suites branch in Dallas breached contracts and duped customers by refusing to refund canceled reservations over Super Bowl weekend, a class action made public Tuesday in Illinois alleges.

  • November 2, 2011

    Viacom Struggles To Keep Two Time Warner Battles Apart

    Viacom International Inc. on Wednesday moved to prevent Time Warner Cable Inc. from introducing their state court dispute over programming content into Viacom’s federal court suit alleging Time Warner violated their distribution contracts by streaming Viacom's copyrighted content on iPads.

  • November 2, 2011

    Allstate Off Hook For Share Of $35M Bond Losses

    A federal judge ruled Tuesday that Allstate Life Insurance Co. does not owe a contribution to an Arizona town for losses the insurer and a putative class suffered on $35 million worth of bonds, but left Allstate on the hook for the town's contractual interference counterclaim.