Commercial Contracts Law360 provides breaking news and analysis on commercial contract law. Coverage includes major contract disputes between companies in the U.S. and around the globe, as well as relevant regulatory and legislative developments.
The Texas Supreme Court on Friday reversed a lower appellate court's ruling and rendered judgment in favor of uranium mining company URI Inc. in a dispute with a Texas county over a 2004 settlement agreement, saying the lower court erroneously read ambiguity over URI's cleanup obligations into the deal.
A former business partner of “Real Housewives of New Jersey” star Melissa Gorga fought back Thursday against a bid to arbitrate her $30 million defamation claims against Gorga, NBC, and executive producer Andy Cohen, arguing that the arbitration provision in the contract she signed doesn't apply.
The Texas Supreme Court on Friday reached the same conclusion as a lower appellate court — albeit through a different reasoning — and sided with landowners in an oil and gas dispute with ConocoPhillips, rejecting the company's contention that the lower court's ruling had rendered a state rule against perpetuities meaningless.
The last week has seen a commercial fraud claim against Pakistan's United Bank Ltd., a contract dispute between two hedge funds and a professional negligence suit against tax and trust specialist Withers LLP.
A New York state judge said at a Friday hearing she would consider sanctioning Google for deeming too much of its discovery so sensitive that it couldn’t be shown to the clients of the lawyers across the table, an issue that appears to have never before been contemplated by the state’s courts.