Sirius XM Radio Inc. has moved to pare down a proposed antitrust and breach of contract class action over the 2008 merger that created the satellite radio giant, arguing that the plaintiffs lack standing to bring many of their consumer protection claims.
ITT Corp. is facing a proposed class action from two employees hired to work in Kuwait who allege the technology company denied them compensation and benefits promised under their employment contracts and required by local labor laws.
A Texas appeals court has cut some claims against hedge fund manager Paul Touradji in a dispute over the ownership of an oil exploration company and the distribution of $41 million in proceeds from a sale of that company's assets, accepting part of his argument regarding the lower court's jurisdiction.
Investment bank Laidlaw & Co. UK Ltd. has sued Westminster Financial, and several employees who defected to Westminster, for allegedly poaching clients by telling Laidlaw customers that the bank was failing and pushing them to move their accounts.
The U.S. Court of Federal Claims has thrown out a lawsuit that accused the Administrative Office of the United States Courts of breaching contracts with the Legal Aid Society of New York by refusing to cover $1.7 million in pension-related liabilities after the society's Federal Defender Division was dissolved in 2005.
Sundance Resources Inc. has asked for a new trial in a breach of contract suit claiming it stopped making payments on more than $14 million in loans for oil and gas drilling rigs, and instead transferred funds to insiders and racked up debt.
Video game maker Activision Publishing Inc. has hit back in a breach of contract spat with two former heads of its software development studio Infinity Ward, which created the hit game “Modern Warfare 2,” claiming the executives were insubordinate and tried to damage the company.
Beset by investors in defunct brokerage firm GunnAllen Financial Inc., JHS Capital Holdings and Hyde Park Equity Investments LLC have sued to put the kibosh on some 18 arbitration proceedings at the Financial Industry Regulation Authority alleging they are liable for investors’ losses.
Massachusetts’ highest court has reversed a lower court's decision and held that while commercial landlords are barred from shifting liability for negligence onto tenants, they may seek coverage under insurance policies tenants are required to purchase.
Overruling the objection of certain plaintiffs, the U.S. Judicial Panel on Multidistrict Litigation has agreed to consolidate a slew of cases accusing AT&T Mobility LLC of violating federal tax law by levying taxes on Internet access through its wireless contracts.
There are issues of material fact as to whether Wachovia Bank NA breached an $89.5 million real estate loan agreement that was supposed to fund the American Association for Justice's move to new offices in the nation's capital, a federal judge has ruled in partially denying the bank's bid for summary judgment in the suit, which seeks $120 million in damages.
A federal judge has dismissed a class action alleging Denny's Corp. failed to inform consumers of the high sodium content in its meals, disagreeing with the plaintiff that the restaurant chain breached an implied contract.
A judge has thrown out Panasonic Corp. of North America’s $9.3 million administrative claim in the bankruptcy of Circuit City Stores Inc., finding that the electronics maker is ineligible for the high-priority status available to certain vendors because of the terms of a consignment agreement.
Live Nation Worldwide Inc. has gone after a Michigan concert venue operator for allegedly withholding funds owed to the heavyweight concert promoter for a series of concerts including performances by Alice Cooper, the Offspring and 311.
A judge has found that regulatory communications between Fifth Third Bank and the Federal Reserve Bank of Cleveland are off-limits for discovery purposes in a more than $500 million contract suit lodged by Fifth Third against Transamerica Life Insurance Co. and Clark Consulting Inc. over losses in investments routed to a hedge fund.
Medtech Products Inc. and DenTek Oral Care Inc. have resolved a patent, trademark and copyright infringement and breach of contract suit brought by Medtech over a mouth guard used to protect the teeth and jaw from the detrimental effects of nighttime teeth-grinding.
A Washington state appeals court has ruled that a local law firm should have its day in court in a contract case filed by one of its former equity partners over the value of his interest, remanding the proceedings for trial.
Aerospace technology company Expert Microsystems Inc. has appealed a judge's dismissal of its correction of ownership suit claiming that the University of Chicago and Arch Development Corp. patented concepts related to space sensors shared by Expert Microsystem's president during contract work.
A Vermont real estate developer has filed a breach of contract suit against Green Mountain Power Corp. for cleanup costs at a site it used to own, saying the electricity provider is responsible for spills that contaminated the site with polychlorinated biphenyls and other toxic compounds.
Merrill Lynch & Co. Inc.'s broker-dealer unit has agreed to settle a dispute with two former employees who jumped to Raymond James Financial Services Inc. and allegedly took client information with them.