Commercial Contracts

  • November 20, 2009

    4th Circ. Lets Arbitration Award Against PPG Stand

    A federal appeals court has upheld an arbitration ruling that came down against PPG Industries in its contract dispute with a chemical workers union by finding that striking employees were entitled to bonuses.

  • November 20, 2009

    Couple's Equity Credit Claims Against WaMu Pared

    A federal judge on Thursday pared down a California couple's breach of contract putative class action claiming Washington Mutual Bank unlawfully stripped them of their access to an established $250,000 home equity line of credit.

  • November 20, 2009

    JPMorgan Chase Settles Credit Card Arbitration Suit

    JPMorgan Chase & Co. is the first defendant to reach a settlement in a class action accusing it and other credit card companies of conspiring to force cardholders into arbitration to settle disputes, according to representatives for the plaintiff.

  • November 20, 2009

    W.Va. High Court Nixes $4.2M Jury Award Against Erie

    The highest court in West Virginia has overturned a $4.2 million jury verdict against Erie Indemnity Co., ruling that the decision by Erie and its subsidiaries to terminate a contract with Princeton Insurance Agency did not constitute restraint of trade under the Sherman Act.

  • November 20, 2009

    MvuInvestors Appeal Loss To GE In Patent Deal Suit

    MvuInvestors LLC has appealed its recent loss to General Electric Co. unit GE Healthcare in their dispute over GE’s aborted deal to acquire Mvu’s MRI technology.

  • November 20, 2009

    McDonald's Wins Cert In Fla. Franchise Case

    Fast food giant McDonald's has won the latest skirmish in a Florida state appeals court in a dispute with a franchise group over contracts, rent subsidies and alleged illegal taping.

  • November 19, 2009

    St. Jude Wins Motion To Recover Stolen Trade Secrets

    A unit of St. Jude Medical Inc. has won a preliminary injunction against a former employee who allegedly stole trade secrets in order to set up a rival medical device company in China, according to attorneys representing St. Jude.

  • November 19, 2009

    FIG Sues Saudi Royalty Over $95M Contract Breach

    Real estate investment company FIG Global LLC has accused the executives of international investment banking company Royal Holdings LLC of cheating it out of more than $94.8 million by defaulting on a joint agreement to purchase prestigious resort properties in Portugal.

  • November 19, 2009

    Ohio Class Says Alltel Bailed On Free Long Distance

    Alltel Communications LLC is facing a class action in Ohio over claims that the company reneged on a promotion that promised to provide potentially lifetime free long distance calls.

  • November 19, 2009

    Statoil Settles With US For $21M In Iran Bribery Case

    Norwegian oil and gas company Statoil ASA has agreed to pay $21 million to the U.S. government to settle charges stemming from a 2002 contract with Horton Investments Ltd. that was allegedly a cover to send bribes to Iran.

  • November 19, 2009

    Court Compels Docs In Suit Over $9M Coal Contract

    A federal judge has directed United Coal Co. LLC to turn over documents, including those concerning quality management standards, to Italiana Coke SRL in the companies' dispute over the existence and validity of a $9.3 million coking coal contract, which was agreed upon but never formally executed.

  • November 18, 2009

    9th Circ. Allows CTI Contract Dispute To Go Forward

    A federal appeals court has found that Cell Therapeutics Inc.’s settlement of a qui tam suit should not preclude it from bringing suit seeking contractual indemnification from its reimbursement consultant for damages as part of the government’s investigation over its leukemia treatment Trisonex.

  • November 18, 2009

    Consumers Seek Class Cert. In Mortgages Suit

    A group of consumers is hoping to get a breach of contract and antitrust class action certified against American Home Mortgage Securities LLC, Deutsche Bank National Trust Co. and Wells Fargo Bank over securitized adjustable rate mortgages.

  • November 18, 2009

    Man Cops To Bribing Panamanians Over Buoy Contracts

    A Virginia man has pled guilty to conspiring to bribe Panamanian government officials to secure a no-bid contract to maintain buoys and lighthouses along the Central American nation's waterways.

  • November 18, 2009

    Judge Applies Ford Contract Ruling To Entire Class

    A federal court's 2005 ruling that Ford Motor Co. breached a contract by ceasing to supply trucks to its dealers after selling its business will now apply to an entire class of plaintiffs, after a federal judge issued a fiery rebuke denying a request by Ford to reconsider the ruling.

  • November 18, 2009

    Hydrogenics Sues American Power Over $2M Contract

    Hydrogen generation and fuel cell developer Hydrogenics Corp. has sued American Power Conversion Corp. over $2.1 million it says it's owed for a breached manufacturing and supply contract for fuel cells.

  • November 18, 2009

    Interference By Samsung Was Not A Violation: Judge

    A judge has tossed accusations of tortious interference with a business relationship from Assembly Technology Inc., saying the company failed to show that defendant Samsung Techwin Co. Ltd. did not have the right to commit the allegedly interfering acts.

  • November 18, 2009

    NJ, Pa. Gift Card Claims Against TD Bank Move Ahead

    Plaintiffs in class actions in Pennsylvania and New Jersey can continue to pursue state consumer protection claims against TD Bank NA over dormancy fees on gift cards after judges in both cases denied the bank's motion to dismiss on federal preemption grounds.

  • November 18, 2009

    Lasco Trade Secrets Suit Not Abusive, Judge Says

    A federal judge has dismissed claims by two former Lasco Foods Inc. employees that the restaurant supplier abused the legal process by filing a trade secrets suit against them in order to harass them and get them to agree to a noncompete covenant.

  • November 17, 2009

    IPCS Shareholder Blasts Planned $831M Sale To Sprint

    A major iPCS Inc. shareholder has come out against the sale of the wireless communications company to Sprint Nextel Corp., arguing that the $24 per share offer — valued at $831 million — reflects neither the fundamental business value of iPCS nor the value of iPCS' breach of contract claims against Sprint.