Commercial Contracts

  • March 19, 2008

    Judge Dismisses Copyright Suit Against Citigroup

    A judge has tossed out most of the claims in a copyright infringement lawsuit brought against a Citigroup Inc. subsidiary and its counsel by software company FM Industries Inc. over a program used to manage debt collection information.

  • March 18, 2008

    H&R Block Fights $4M FINRA Award To Former Exec

    H&R Block Inc. and its financial services unit have asked a federal judge to overturn a nearly $4 million arbitration award issued to a former company executive, arguing that the arbitration panel improperly asserted jurisdiction over his claims and disregarded the law in its decision.

  • March 17, 2008

    Washington Mutual Wins $382M In S&L Case

    The U.S. government has lost yet another case stemming from the savings and loan collapse of the late 1980s and has been ordered to pay Washington Mutual Savings Bank Inc. $382 million in damages.

  • March 18, 2008

    Andrews Kurth Launches Subprime Group

    The ongoing stock market turmoil has prompted another law firm to form a specialty practice area focused on subprime and distressed assets. Andrews Kurth LLP has drafted professionals from a variety of groups to form a mixed disciplinary team aimed at guiding clients through the credit crunch.

  • March 13, 2008

    Veritas Gets Microsoft Patent Invalidated

    A federal judge ruled Tuesday that a Microsoft Corp. patent on a method for replicating data files is invalid, handing a victory to a Symantec Corp. subsidiary in its ongoing dispute with Microsoft over patents and trade secrets.

  • March 26, 2008

    Bill Sparks Heated Debate Between Employers, Unions

    A deep divide is emerging between employers and unions over the Employee Free Choice Act, which would allow employees to form unions through card checks and stiffen penalties against employers that interfere with union efforts.

  • March 11, 2008

    Court Upholds $76.5M Award To Fifth Third Bank

    A court battle that has lasted more than 13 years may finally draw to a close, now that an appeals court has awarded Fifth Third Bank of Western Ohio $76.5 million in a case stemming from the savings and loan scandal of the 1980s.

  • March 10, 2008

    Appeals Court Upholds $55M Damages In S&L Case

    A group of banks has won the latest round in a long-running breach of contract case filed over legislation targeting banks that had snapped up failed savings and loan associations. The banks successfully argued against the U.S. government's appeal of a summary judgment ruling in their favor.

  • March 10, 2008

    Dole Award Reduced For Nicaragua Banana Farmers

    A court has reduced the award of Nicaraguan banana workers harmed by pesticides used in Dole Food Co.'s banana plantations from $5 million to roughly $1.58 million. The court found that any punitive damages award in the case would be arbitrary.

  • March 10, 2008

    Kilpatrick Beefs Up Subprime Practice

    Addressing the increase in government investigations into the subprime mortgage crisis, Kilpatrick Stockton LLP has expanded its Subprime and Credit Markets Litigation Team to include lawyers with expertise in special investigations and white-collar crime.

  • March 7, 2008

    Judge Tosses Liability Claim In Lawnmower Fire Suit

    A judge has dismissed a claim in an insurance company lawsuit alleging that a pre-owned Sears Roebuck & Co. lawnmower started a fire at a Delaware couple's property in 2006.

  • March 7, 2008

    Cardinal Health Plaintiffs Sent Back To Drawing Board

    A federal court dealt a setback Wednesday to a competition suit by a group of franchised pharmacies, requiring them to file a more definite complaint against the franchiser and dismissing altogether a joint complaint against the parent company, Cardinal Health.

  • March 5, 2008

    Construction Worker Class Certified In NYC Wage Suit

    A state court has granted class certification to New York City construction workers of bankrupt Cema Construction Corp., who have accused the company of failing to pay prevailing wages to employees who worked on public construction projects.

  • March 4, 2008

    Injunction Granted In Verigy Trade Secrets Case

    A federal judge has issued a preliminary injunction against a California technology company whose founder allegedly used trade secrets he learned while employed at Verigy Inc. to create a new product.

  • March 4, 2008

    HTFC CEO, Attorney Fined For "Outrageous" Conduct

    HTFC Corp. CEO Aaron Wider was fined more than $16,000 on Friday after exhibiting “outrageous” conduct in depositions for the ongoing case between Wider's company and the two banks to which it sold millions of dollars of allegedly fraudulent loans. Wider's attorney was also sanctioned for his "complicity" in the conduct.

  • March 3, 2008

    Consent Decree Entered In Vanguard Title VII Suit

    An investment management firm that oversees $1.3 trillion in assets has agreed to pay $500,000 to settle a suit filed by the U.S. Equal Employment Opportunity Commission in 2004 on behalf of a black worker who claimed the company retaliated against him for complaining about discrimination.

  • March 5, 2008

    CPSC Names Akin Gump Partner As General Counsel

    The U.S. Consumer Product Safety Commission has tapped Akin Gump Strauss Hauer & Feld LLP partner Cheryl Falvey to be the agency's new career general counsel.

  • February 29, 2008

    Suez Pays AEP $255M To Settle Contract Dispute

    American Electric Power Co. Inc. has received $255 million from a Suez Energy North America Inc. subsidiary under the terms of a settlement that puts to rest a long-standing breach of contract dispute between the two companies.

  • February 29, 2008

    Clear Channel Deal Prompts Suit Against Wachovia

    A Providence Equity Partners Inc. affiliate has sued Wachovia Bank NA in an attempt to force the bank to follow through on an earlier pledge to help finance the private equity firm's $1.1 billion purchase of 56 television stations from Clear Channel Communications Inc.

  • February 28, 2008

    Prudential Employees Seek $6.5B In Arbitration Suit

    Prudential Financial Inc. has been sued by a group of current and former employees for $6.5 billion in damages, alleging fraud and breach of contract claims, the company revealed Wednesday.