Travelers acted reasonably when it initially refused to reimburse a pipe manufacturer for attorneys' fees linked to a Canadian lawsuit over allegedly defective water pipes, a Washington federal judge said Thursday.
A government contractor is suing a veteran-owned business in Florida state court for allegedly taking money from an escrow account tied to a Veterans Administration deal and then disparaging the contractor, causing it to lose another lucrative VA contract.
The franchise owner of nine closed Dickey's barbecue restaurants urged a California federal court Wednesday to stop the chain from forcing him into arbitration over whether he breached his franchise agreements by closing the eateries, saying the arbitration provisions are unenforceable.
A Swiss technology company has accused InterDigital Inc. in California federal court of demanding unfairly high royalty rates for its patents, deemed essential to wireless telecommunications, violating the mobile technology company's licensing obligations and illegally monopolizing the wireless industry.
American Airlines Inc. told the Federal Energy Regulatory Commission on Wednesday that Colonial Pipeline Co. collected $321 million via excessive rates for transporting jet fuel and other petroleum products in 2017, the latest complaint lodged against the liquids pipeline giant for allegedly charging unjust and unreasonable rates.
The Second Circuit on Thursday said a pair of Mexican foreign exchange traders could not revive a lawsuit alleging Citibank took $20 million by illegally marking up their foreign exchange spot orders without their knowledge or consent, saying the men failed to demonstrate the existence of a breach of contract or fraudulent activity.
A real estate investor notched a partial victory Thursday against convicted Ponzi schemer Eliyahu Weinstein over claims he bilked various parties out of millions of dollars, with a New Jersey federal judge ruling in the victim’s favor on fraud and related counts but denying him a win on racketeering counts.
Exxon Mobil Corp. subsidiary XTO Energy has been hit with a lawsuit by the partial owner of oil and gas wells in New Mexico, alleging for years it has been “grossly negligent” in its operations by overcharging for overhead expenses and running dozens of unprofitable wells.
A Washington federal court has confirmed an Amazon unit's arbitration award that prohibits a British man and his book publishing companies from artificially inflating author royalties under the Kindle self-publishing program.
A subcontractor accused of performing subpar work on a Cornell University student housing project urged a New York federal judge Wednesday to block the general contractor’s bid to escape counterclaims related to an alleged failure to make payments under the contract, saying there are factual issues that still need to be resolved.
A pair of Iranian-American siblings have won a $34.5 million judgment in a California court against a family friend who was hired to reclaim and sell properties their parents abandoned in Iran when fleeing the Islamic Revolution but kept profits and properties for himself.
Delaware’s Chancery Court ruled Wednesday that New York-based technology company Touchstream Technologies Inc. rightfully scrapped a contract in 2017 with an intellectual property licensee over an unapproved attempt to sublicense Touchstream’s own IP to a third party.
A pair of Philadelphia-area Indian restaurants filed a proposed class action against Grubhub Inc. in a Pennsylvania federal court this week, alleging that the online-ordering company improperly routed phone calls through its system and charged restaurants a commission on them even if they didn’t result in food orders.
A South Korean corporation and its parent company are asking a New York federal court to confirm a more than $3.17 million arbitration award stemming from claims that Canadian retailer Loblaw and a subsidiary flouted an agreement to expand their Joe Fresh fashion brand to Asia.
Targa Channelview LLC has asked a Texas state court to declare that Vitol Americas Corp. cannot ask for the return of over $100 million it paid to Targa after terminating a contract for the construction of a crude oil storage and processing facility, arguing their agreement forbids it.
Qualcomm has outlined its defense for the trial slated to begin Friday over Federal Trade Commission allegations that the chipmaker used its monopoly to force cellphone makers into unfair agreements, claiming its deals are the result of negotiations with “sophisticated” parties.
A Colorado federal magistrate judge has partly granted a sanctions motion brought by timeshare owners against Marriott Vacations Worldwide Corp., saying the company made a mistake when it failed to hand over key evidence in the mass action claiming it caused the owners' property values to plummet.
The Tenth Circuit has undone an Anadarko Petroleum Corp. unit's victory in a suit brought by Colorado landowners alleging the company's drilling method constituted trespassing, saying a lower court wrongly expanded Anadarko's rights to use the land to drill for oil and gas underground.
A New York state judge has refused to dismiss a German bank's $45 million fraud suit against investment manager Lynn Tilton, saying it was different enough from the U.S. Securities and Exchange Commission's failed case against her that it should be allowed to advance.
A bellwether merger appraisal appeal, a spotlight on “enhanced” director independence, a trial over a mega-merger meltdown and an appeal from a rare deployment of the “implied covenant” in a contract dispute all lay ahead as 2019 opens in Delaware’s Chancery and Supreme Courts.
Private equity and venture capital investment funds are increasingly interested in entering into credit facilities, but a fund's limited partnership or operating agreement must be drafted to satisfy the lender’s diligence requirements. Attorneys with Troutman Sanders LLP look at the clauses that are typically flagged by lenders' counsel.
Can litigants use the powerful Texas Citizens Participation Act in the Fifth Circuit? The upcoming decision in Klocke v. Watson is likely to resolve this question, but that answer could be short-lived if the U.S. Supreme Court resolves the circuit split over state anti-SLAPP applicability, say April Farris and Matthew Zorn of Yetter Coleman LLP.
More than 12 million people have submitted their DNA for analysis to various genealogy companies such as Ancestry.com or 23andMe. But what if they don’t want that DNA shared with third parties? Based on current law, there is little that can be done about it, say Franklin Zemel and Ariel Deray of Saul Ewing Arnstein & Lehr LLP.
In conjunction with Texas' litigation-curbing measures introduced in 2015, a state appellate court's recent decision in Mosaic v. 5925 Almeda, denying a condo owners association standing to sue for construction defects, may reduce the number of such lawsuits, says Pierre Grosdidier of Haynes and Boone LLP.
The Delaware Chancery Court's recent decision in Akorn v. Fresenius has been widely reported because the court, for the first time, found that a target company had suffered a “material adverse effect.” But the 246-page opinion is also a primer on how the court may interpret numerous standard provisions in merger agreements and in corporate contracts generally, say attorneys with Fried Frank Harris Shriver & Jacobson LLP.
Fierce brainpower was on show Monday at the U.S. Supreme Court, where the justices seemed likely to deliver a business-friendly outcome in two separate cases under the Federal Arbitration Act — even though this would require treating the FAA’s blind enforcement of arbitration agreements as sacrosanct in one instance while undermining it in another, says Scott Oswald of The Employment Law Group PC.
By 2030, it is possible that 75 percent of lawyers practicing in the U.S. will be millennials. A broadened focus on retention and advancement of all young lawyers is therefore a logical step forward but it fails to address another major retention issue that law firms should explore, says Susan Smith Blakely of LegalPerspectives LLC.
Former U.S. Attorney for the District of Idaho Wendy Olson discusses her decades of experience prosecuting white collar crimes and civil rights violations, her work and challenges as U.S. attorney, and her move to private practice.
A Virginia federal court's recent ruling in Steves and Sons v. Jeld-Wen opens the possibility that a U.S. court would permit divestiture as a remedy in private litigation for a merger already closed years before, says Derek Dahlgren of Rothwell Figg Ernst & Manbeck PC.
Due to the serious construction labor shortage in Tampa, Florida, owners and contractors need to ensure that their written contracts account for the possible effects of debilitating labor shortages upon the rights of parties and the health of their projects, says Gary Schaaf of Becker & Poliakoff PA.