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.
Cardno Ltd. has renewed its push to enforce a $15 million arbitration award it won against an Ecuadorean engineering firm that allegedly hid a bribery scheme, telling a Florida federal judge Wednesday that the South American company's counterclaims are time-barred and invite the court to overstep its authority.
C&J Energy Services, a company that specializes in drilling, completing and servicing wells, filed a lawsuit in state district court in Houston Tuesday against three former employees and a new company those employees launched, alleging the trio has poached engineers and customers in violation of noncompete agreements.
The fighting over control of legal translation firm TransPerfect erupted again Wednesday as co-founder Elizabeth Elting pushed the Delaware Chancery Court to reject a purchase bid from rival Philip Shawe, valued at nearly $800 million, which the court-appointed custodian running the sale process said was the top offer.
The largest law firm in Panama hit Trump International Hotels Management LLC on Wednesday with a suit in Delaware Chancery Court, alleging the company responded to arbitration action over a “mismanaged” Panamanian hotel by throwing a temper tantrum and improperly dragging the hotel’s counsel into the fight on “absurd” claims.
Ford Motor Co. must face some of the claims in a proposed class action over allegedly defective sunroofs that can spontaneously shatter, a federal judge in the Western District of Washington ruled Tuesday, rejecting the carmaker’s argument that the Ford Escape owner behind the suit lacks standing.