A Pennsylvania state judge has put an end to claims launched by former clients of Spector Gadon & Rosen PC and awarded the firm more than $90,000, citing a lack of evidence after it was accused of overbilling for work restructuring the debt of a failed real estate project.
An Akrimax Pharmaceuticals LLC investor lost a bid Monday for a preliminary injunction freezing the status of the company and a drug license allegedly in play for $250 million or more, with a Delaware vice chancellor suggesting a damages settlement as a simpler solution to an ongoing fraud and conspiracy lawsuit.
A California Harley-Davidson dealer argued to the Ninth Circuit Friday that the motorcycle company improperly forced him to move to a less desirable location and that a district court’s finding that he had agreed to relocate was wrong and should be reversed.
A New York bankruptcy judge on Monday approved a $1.42 billion settlement to resolve most litigation between Lehman Brothers Holdings Inc. and JPMorgan over transactions that occurred in the runup to Lehman’s 2008 bankruptcy.
A D.C. federal judge Friday nixed efforts by a wireless carrier partnership to move or dismiss a subcontractor's $1 million suit claiming the group failed to vet the prime contractor on a Washington subway project, saying the group’s contract with the transit authority required diligence.
Olshan Frome Wolosky LLP was hit with a $21 million legal malpractice suit on Friday in New York state court by a hedge fund that alleges the law firm negligently failed to secure its interest in a loan to a guar processing facility that was later forced into bankruptcy.
RBC Bank USA must face a consumer’s claim that it charged excessive overdraft fees, a Florida federal judge said Friday, finding that a consumer agreement nixed by the Eleventh Circuit was valid at the time of the alleged fee overcharge.
A pair of Middle Eastern companies accusing a developer of deceiving them into investing $12 million in a purported hotel project told a Florida federal court on Monday that the developer delayed the scheduling of his disposition and then lied about the delay.
AT&T Mobility Inc. has urged the Federal Communications Commission to force an Iowa telecom company to agree to a roaming contract on its terms, arguing in a filing Friday that its final offer to the company reflected commercially reasonable rates.
A quick win for Velvin Oil Company in a suit alleging AJP Oil didn't pay for a diesel fuel shipment was reversed by a Texas appeals court Monday, as it found that AJP had filed paperwork denying the facts alleged by Velvin, which should have barred summary judgment and allowed the dispute to go to trial.
BlackRock Inc. and dozens of other investors alleging that U.S. Bank National Association failed to oversee residential mortgage-backed security trusts properly have asked a New York federal court to consider a ruling denying Deutsche Bank’s bid to escape a similar suit.
The owners of four current or former American Basketball Association franchises have brought their teams into a rival league, violating a contract that required them to stick with the ABA or pay a penalty, the league said Friday in a new $1.2 million lawsuit in Indiana federal court.
The Sixth Circuit on Monday reversed a lower court’s decision that Moen Inc. owes a group of retirees lifetime health benefits, saying that the rationale behind the lower court’s ruling was nullified by the U.S. Supreme Court’s recent Tackett ruling.
A New Jersey marketing consultant won a $1.17 million judgment Monday after a federal jury found a dietary supplement maker wrongfully refused to pay the consultant contractually owed sales proceeds, but freed the supplement maker’s top executive from individual liability.
A D.C. Circuit panel repeatedly questioned the Federal Maritime Commission Monday on why it allowed the New York and New Jersey Port Authority to cut a $120 million discount on a Maersk unit’s terminal contract, questioning whether the agency allowed Maersk preferential treatment over other terminal operators.
A former equity partner of LeClairRyan on Friday pushed back against the firm’s attempt to force her gender discrimination suit into arbitration, telling a Virginia federal court the firm has nothing to base its argument on because she never signed an arbitration agreement.
An Illinois federal court found Friday that it can’t hear two hedge funds’ suit accusing Baker Donelson Bearman Caldwell & Berkowitz PC of doctoring a loan agreement for a bankrupt energy company because there isn’t any evidence the funds suffered an injury in Illinois.
Knoedler & Co. art gallery director Ann Freedman has reached an undisclosed settlement in a suit alleging she knowingly sold a fake Mark Rothko work to the chairman of Sotheby's for $8.3 million, a New York federal judge said Monday, but the gallery still faces claims at a jury trial.
More than 60 lawyers have been recognized by corporate counsel for cracking the code of client satisfaction and standing out among their peers for at least two years straight.
The names of eight law firms were repeatedly on the lips of general counsel this year as they reported which attorneys stood out to them as the best of the best in client service.
Where a perceived conflict is identified early in the process, a party may consider asking the forum overseeing an arbitration to determine whether it is appropriate for an arbitrator to serve on the panel. Despite the potential opacity of these kinds of decisions, discussions with practitioners and experience suggest that such challenges can arise from a number of situations, says Kirkland & Ellis LLP partner Matthew Solum.
If counsel are bound only by their respective bar standards, international arbitration constitutes an “ethical no-man’s land.” It is difficult to see experienced practitioners from any jurisdiction having genuine concerns about the individual provisions of the International Bar Association's guidelines on party representation in international arbitration, says Monique Sasson, JAMS panelist and co-managing editor of journals at the ... (continued)
The Massachusetts Supreme Judicial Court decision in Beacon Towers Condominium Trust v. Alex provides a lesson to practitioners in Massachusetts that when drafting contracts with arbitration clauses, any agreement to shift fees should be explicit and contained within the arbitration agreement itself, say Justin Wolosz and Jesse Siegel at Choate Hall & Stewart LLP.
Along with the obvious economic boon to the NFL and the Rams franchise, the team’s relocation to Los Angeles and the development of a new stadium present an intriguing opportunity for a company or brand to purchase naming and advertising rights to the facility. The deal will likely far surpass the value of any of its predecessors, says Zak Welsh of Sheppard Mullin Richter & Hampton LLP.
The rules for testing the legality of restrictive covenants vary greatly among states, and recent decisions from several courts illustrate the point, both with respect to the framework for considering such covenants, and specifically regarding the reformation of overbroad covenants. As a result, employers should be wary of boilerplate contract language that has been successful in the past, say attorneys at Williams & Connolly LLP.
Varying approaches to anti-suit injunctions in the U.S. circuit courts — namely the liberal approach adopted in the Ninth and the more moderate approach adopted in the Second — reflect differing evaluations of comity in deciding whether to enjoin a foreign proceeding in favor of a concurrent, related arbitration or litigation. Two recent U.S. district court cases illuminate these methods, say Martin Gusy and Matthew Weldon of Cozen O’Connor.
In Federal Insurance Co. v. Singing River Health System, a Mississippi district court recently held that an insurer’s reservation of rights prevents it from enforcing policy terms under which limits are eroded by defense costs, which depending on how the forthcoming appeal is decided, could make it much harder for insurers to manage the defense of complex claims, say John Herrington and Robert Helfand at Carlton Fields.
One crucial element of the Florida International Commercial Arbitration Act is the express power it gives to the arbitral tribunal in an international commercial arbitration to order interim measures. Yet for Miami to compete as an inviting location in which to arbitrate such disputes, there must be some clarity in applying this arbitration-friendly provision, say Donald Hayden and Sasha Funk Granai of Berger Singerman LLP.
Premises liability cases require evidence that a dangerous condition existed. Extensive knowledge of the property's policies and procedures and whether the employees are following them is the first step in proving whether or not the property owners and managers are fulfilling their duty to maintain a reasonably safe property, says Douglas McCarron at Haggard Law Firm PA.
As of August 2016, the U.K. Insurance Act 2015 will alter the landscape of insurance and reinsurance contracts placed through the London market or governed by English law — and there are several circumstances in which U.S. or multinational companies may be affected by the act, say attorneys at Shook Hardy & Bacon LLP.