Commercial Contracts

  • August 15, 2007

    Harvard Seeks Class Status In Russian Oil Firm Spat

    Harvard College is asking a federal judge to sign off on an arbitration award permitting its claims against one of Russia's largest oil companies to proceed on a class basis in a case that concerns whether a foreign company can be forced to submit its key corporate finance and governance policies to review by a U.S. arbitration panel.

  • August 15, 2007

    Pension Fund Balks At Amaranth's Bid To Dismiss

    A San Diego pension fund has fired back in the feud over collapsed Amaranth Advisors LLC, accusing the hedge fund manager and its former officers of trying to shift the focus away from the alleged fraud at the heart of the case in hopes of having the suit tossed out.

  • August 15, 2007

    Caterpillar Pushes To Include Union In Retiree Suits

    Caterpillar Inc. has asked a district court judge to disregard a union's arguments against inclusion in a suit accusing the heavy equipment maker of denying retirees medical benefits.

  • August 14, 2007

    Korea Kumho To File Amended Complaint

    A federal judge dismissed the complaint of a Korean company that accused three competitors of trying to keep it out of the U.S. rubber and plastics market on Monday, but gave it twenty days to file a second amended version.

  • August 13, 2007

    Judge Rules Novell Owns UNIX Copyrights

    In a boon to the open source software community, a Utah federal court judge has ruled that Novell Inc., not SCO Group Inc., is the copyright owner of the UNIX operating system.

  • August 13, 2007

    Sexual Harassment Claims Against Caterpillar Survive

    A federal judge on Thursday refused to dismiss a handful of sexual harassment claims filed against heavy equipment maker Caterpillar Inc. by the U.S. Equal Employment Opportunity Commission on behalf of current and former employees.

  • August 10, 2007

    Ex-Amaranth Trader Adds Fuel To FERC Fire

    The battle between the energy trader at the center of Amaranth Advisors' implosion and the U.S. Federal Energy Regulatory Commission continues to heat up, with Brian Hunter telling the court of the “irreparable harm” he will suffer if the agency is allowed to proceed with its proposed enforcement action against him.

  • August 10, 2007

    Court Upholds $10M Award Against Lehman

    Investment bank Lehman Brothers Inc. must fork over more than $10 million to five investors after losing its appeal against an arbitration ruling in a case stemming from a massive fraud masterminded by a stockbroker.

  • August 10, 2007

    Pharmas Spar Over Plant-Based Mood Enhancer

    Unigen Pharmaceuticals Inc., which develops natural, plant-derived products, has been hit with a lawsuit accusing it of infringing a patent and a trademark on the ingredient Seroctin.

  • August 10, 2007

    New Century To Settle Deutsche Bank Dispute

    Bankrupt New Century Financial Corp. and Deutsche Bank subsidiary DB Structured Products Inc. have taken a step towards settling their breach of contract dispute through a deal that would be funded by the sale of some of New Century's mortgages.

  • August 9, 2007

    Suit Over Microsoft's Vista Marketing To Proceed

    A federal judge on Tuesday denied Microsoft Corp.’s request to dismiss a proposed class action brought by PC consumers that claims the company’s marketing of Windows XP machines as “Windows Vista Capable” was misleading.

  • August 8, 2007

    Judge Refuses Stay Of Visa Fee Ruling

    After dragging its heels for months on abolishing service termination fees the Manhattan district court had deemed anti-competitive, Visa USA Inc. saw its request for a stay pending its appeal of that decision shot down on Tuesday.

  • August 7, 2007

    Tussle Over Musicland's Liquidation Plan Continues

    Musicland Holdings Corp.’s unsecured creditors on Monday joined a committee of trade vendors in objecting to Wachovia Bank NA’s bid to stop the approval of Musicland’s liquidation plan.

  • August 7, 2007

    Clifford Chance Nabs 3 Partners From Sidley Austin

    U.K.-based Clifford Chance LLP, one of the largest law firms in the world, announced this week that it would expand even further, adding four securities litigation partners to its Washington, D.C. office.

  • August 6, 2007

    Court Allows Suits After PBGC Takes Over Plan

    An appellate court ruled Friday that a pension plan participant does have standing to bring an ERISA claim of breach of fiduciary duty against a plan manager, even after the plan has been terminated and the Pension Benefit Guaranty Corp. has taken over as trustee.

  • August 6, 2007

    EU Clears ABN, Barclays Merger

    The merger of two of the world's largest banks has cleared another hurdle, after the European Commission approved the $88 billion takeover of Dutch bank ABN Amro Bank NV by British financial giant Barclays Plc.

  • August 7, 2007

    NLRB Tosses Trade Union Suit Against Indeck Energy

    A lawsuit brought by construction trades unions alleging an energy company breached a contract to employ only union labor on a power plant project has been dismissed by the National Labor Relations Board, almost 14 years after it was filed.

  • August 3, 2007

    UC Drops 11th Amendment Defense Over $3M Fine

    The University of California has dropped its defense that the Eleventh Amendment immunizes the school system from a $3 million Department of Energy fine over security violations at the university-owned Los Alamos nuclear weapons lab.

  • August 2, 2007

    Apple Blasted With Complaints Over iPhone Battery

    Apple Inc. and AT&T Inc. have been hit with a purported class action lawsuit claiming that the companies fraudulently withheld information from consumers about the iPhone's battery.

  • August 2, 2007

    Nokia Dismisses One Patent From Qualcomm Dispute

    Nokia Corp. has decided to dismiss claims relating to one mobile communications patent it had asserted in a counterclaim against rival Qualcomm Inc. in a pending infringement suit.