Commercial Contracts

  • June 23, 2026

    Stock Bought Too Late For Breakup Fee Suit, Judge Says

    A New York federal judge has dismissed an investor suit claiming that the top brass of the sponsor of a blank check company unfairly claimed a $29 million settlement despite missing a deadline to merge with another company, finding that the investor purchased shares after the breakup fee of the failed merger was disclosed.

  • June 23, 2026

    Fla. Judge OKs Ch. 11 Sale Of Popeyes Restaurants For $16M

    A Florida bankruptcy judge on Tuesday approved a Popeyes franchisee's Chapter 11 sale, allowing a roughly $16 million sale of nearly 100 restaurants to five purchasers who secured winning bids at an auction earlier this month.

  • June 23, 2026

    NJ Transit Says Electronics Co. Must Cover Patent Suit Defense

    New Jersey Transit alleged in federal court that a railway electronics company must fund the transit agency's  defense against patent infringement claims in an underlying suit, claiming that the company provided the infringing systems and that its agreement with the company requires it to cover the defense.

  • June 23, 2026

    Colo. Justices Uphold Antero's $215M Fraud Win

    A doctrine limiting tort claims over contract losses did not bar a fraud claim tied to a fracking wastewater treatment project, the Colorado Supreme Court ruled Tuesday, affirming a more than $215 million judgment for Antero.

  • June 23, 2026

    Conn. Justices Won't Hear Insurer's IVF Fraud Coverage Case

    The Connecticut Supreme Court has turned away an insurance company's appeal of a decision that said it can't rely on two policy exclusions to deny professional liability coverage to a fertility doctor accused of fathering two children by secretly impregnating patients with his own sperm.

  • June 23, 2026

    Camp Owner's Suit Over Seized Weapons In Afghanistan Axed

    A Virginia federal court dismissed nearly all the claims the operator of a camp in Afghanistan raised against a defense contractor for allegedly abandoning a cache of illegal weapons the Taliban seized, allowing only the operator's negligence claim to proceed.

  • June 23, 2026

    Clifford Chance Adds Ex-V&E Debt Finance Atty In Houston

    Clifford Chance LLP announced on Monday the hiring of a former Vinson & Elkins LLP attorney as a finance and derivatives partner in its Houston office.

  • June 23, 2026

    Insurer Waited Too Long To Void Policies Over Alleged Fraud

    An insurer's bid to revoke policies issued to a defunct employee leasing agency due to misrepresentations in its insurance applications is time-barred under New York law, a federal court ruled, finding that the insurer discovered the alleged fraud more than two years before filing suit.

  • June 23, 2026

    Burgerville Investor Sues In Del. Over Board Control Dispute

    A dispute over control of the board governing the Pacific Northwest restaurant chain Burgerville has landed in the Delaware Chancery Court, where an investor claims the company refused to honor its contractual right to remove two managers from the board and then allowed an improperly constituted board to continue exercising authority.

  • June 23, 2026

    Justices Say Cisco Can't Be Sued Under Alien Tort Statute

    The U.S. Supreme Court on Tuesday ruled that the Ninth Circuit was wrong to reinstate an Alien Tort Statute suit alleging that Cisco helped the Chinese government's allegedly unlawful crackdown on the Falun Gong religious movement, saying federal courts lack authority to create causes of action for alleged violations of international law.

  • June 22, 2026

    Texas Asks Justices To Keep App Store Law In Force

    The Texas attorney general urged the U.S. Supreme Court to allow a state law requiring app stores to block minors from downloading apps without parental consent to remain in effect, arguing Monday that a lower court "committed several errors" in pausing the measure.

  • June 22, 2026

    Cuomo To Lead OKX-NYSE Parent Crypto Joint Venture

    Former New York Gov. Andrew Cuomo will co-chair a joint venture between cryptocurrency exchange OKX and New York Stock Exchange parent Intercontinental Exchange, a partnership aimed at developing infrastructure for "tokenized and digitally native financial products," according to an announcement made Monday.

  • June 22, 2026

    4th Circ. Says Allied Need Not Cover 'Beer Olympics' Injury

    A man who claims that he was paralyzed in an auto crash caused by alcohol provided to guests at a "Beer Olympics" party cannot recover from the host homeowners' insurance provider, the Fourth Circuit ruled on Monday, saying the policy's motor vehicle exclusion bars coverage.

  • June 22, 2026

    Mich. Appeals Court Affirms $3M Award In Equity Dispute

    The Michigan Court of Appeals upheld a $3 million award to a former employee of a wealth management company, saying Monday that enough evidence supported a jury's finding that CIG Capital Advisors deliberately misled the plaintiff about his ownership status and diverted revenue to hide profits.

  • June 22, 2026

    Ex-CEO Says Credit Union Can't Seek $80K For Business Unit

    The ex-CEO of Sound Federal Credit Union asked a Connecticut state judge on Monday to dismiss portions of the credit union's two counterclaims asking him to return $80,000 for services he didn't perform because he was fired, saying it was not the correct party to bring such counterclaims.

  • June 22, 2026

    SeaWorld Wants Sesame Street Contract Suit Trimmed

    SeaWorld has urged a New York federal court to throw out certain claims in a lawsuit accusing it of flouting obligations under a licensing deal for the Sesame Street brand and engaging in a "retaliation campaign," calling some of the case "baseless" and "absurd."

  • June 22, 2026

    Judge Slashes 'Excessive' Atty Fee Bid In PHH Mortgage Deal

    A North Carolina federal judge granted the green light to a $1.5 million settlement to resolve claims from borrowers alleging PHH Mortgage Corp. sent notice of default letters containing "false threats" to speed up loan foreclosure, but reduced the attorney fees by nearly half, calling the requested amount "excessive."

  • June 22, 2026

    Valve Gamers Queue Up Bid To Beat Antitrust Arbitration Fight

    Hundreds of PC gamers have called on a Washington federal judge to extinguish Valve's lawsuit seeking to bar them from arbitrating antitrust claims, saying the judge has already rejected the video game developer's central argument that arbitrations cannot proceed under the updated user agreement for its Steam digital storefront.

  • June 22, 2026

    Lowe's $10M Coverage Clash With Chubb Unit Heads To Trial

    A federal jury will decide whether a Chubb unit was wrong to refuse to pay $10 million as part of a wrongful death settlement following a fatal crash involving a Lowe's employee after a North Carolina judge Monday found there are disputed issues of material fact in the case.

  • June 22, 2026

    Treasure Hunter Betrayed By Financial Backer, Court Hears

    A treasure hunter told a Texas federal judge Monday his erstwhile financial sponsor cut him off from his rightful share of sunken treasure found in the Caribbean, saying during the first day of a bench trial that the backer's "hubris" drove the decision to breach the parties' contract.

  • June 22, 2026

    States Defend Live Nation Jury Verdict In Antitrust Case

    State enforcers have urged a New York federal court to reject Live Nation's bid to upend a jury verdict finding the company monopolized key parts of the live entertainment industry, telling the court the jury carefully considered ample evidence and should not be second-guessed.

  • June 22, 2026

    Catching Up With Delaware's Chancery Court

    The Delaware Chancery Court this past week handled disputes involving executive compensation, take-private transactions, books and records demands, tender offers and alleged insider misconduct.

  • June 22, 2026

    Chilisin Seeks To Undo Patent Judgments In Cyntec Case

    Chilisin Electronics Corp. says that Cyntec Co.'s failure to disclose an agreement to license a pair of its patents to Apple should nullify judgments against Chilisin in a case where it was found to have infringed the patents.

  • June 22, 2026

    Auto Supplier Says It Was 'Hostage' To $4.3M Price Hikes

    A Tier 1 automotive supplier urged a Michigan federal judge on Monday not to throw out its $4.3 million breach of contract claim against another parts maker, arguing the opposing manufacturer "held [it] hostage" with price increases for multiple years.

  • June 18, 2026

    Popeyes Franchisee Nears Restaurants Sale In Fla. Ch. 11

    A Popeyes franchisee inched closer to selling dozens of restaurants in its Florida Chapter 11 following last-minute tweaks to a proposed order after objections from several companies raised questions on whether a sale would result in negative proceeds for the debtor. 

Expert Analysis

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    The Biz Court Digest: Shoring Up Corporate Law In Maryland

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    Launched more than 20 years ago to improve complex corporate adjudication, Maryland's Business and Technology Case Management Program has been a solid success in some areas, but there always is room for improvement, says Bill Krulak at Miles & Stockbridge.

  • Del. Chancery Has Signaled Decreased Use Of Its Blue Pencil

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    The Delaware Chancery Court's decision in BluSky Restoration Contractors v. Robbins not to enforce or rewrite overbroad language, known as blue-penciling, in key covenants shows that the sale of a business context no longer insulates these restrictive measures from judicial scrutiny, affecting transactions and litigation, says Aylin Daldal at Kleinbard.

  • Series

    Competing At Poker Makes Me A Better Lawyer

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    Playing poker in male-dominated rooms taught me to treat skepticism as background noise when my opponents seem to underestimate me, to apply pressure when it matters and to adapt without losing strategic discipline — skills that are all indispensable in restructuring and insolvency matters, says Alexis Gambale at Pashman Stein.

  • 5 Things Associates Must Ask About Their Firm's Merger Plan

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    The associates who navigate law firm mergers best ask the right questions early, such as inquiring about partners' plans, to assess how the merger could affect their workflow and career path, says Jackie Bokser-LeFebvre at Major Lindsey.

  • 2 'Rocket Dockets' And The Rules That Propel Them

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    The fastest civil trial courts in the country are currently in the Eastern District of Virginia and the Southern District of Florida, and their chief judges provide insights into the court rules that keep them ahead, says Robert Tata at Hunton.

  • AI Practices To Protect Trade Secrets Amid Unstable Case Law

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    Amid recent diverging district court approaches to whether inputting proprietary information into artificial intelligence tools could constitute a failure to take reasonable measures to safeguard secrets, trade secret owners must adapt their confidentiality practices to keep trade secrets secure, says Fitz Collings at MoFo.

  • Texas Ruling Leaves Key Oil Royalty Question Unresolved

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    The Texas Supreme Court's recent decision in Fasken Oil and Ranch v. Puig clarifies that royalty reservations containing “free of cost forever” language do not bar deduction of post-production costs — but it leaves open whether prices producers report to royalty owners should reflect what unaffiliated buyers would pay, says Robert Foss at Hinds Feat Advisors.

  • Key Legal Considerations For Data Center Battery Storage

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    Battery energy storage systems have become essential infrastructure for data center development — but as trade, energy and tax policies continue to shift, companies operating in this space must understand the importance of supply chain requirements and industry-tailored contracts, says RJ Colwell at Davis Graham.

  • Your Next Litigation Hold Should Cover AI Chat Logs

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    The Delaware Chancery Court’s recent decision in Fortis Advisors v. Krafton to treat a CEO’s artificial intelligence chats as substantive evidence is being read as a discovery warning to litigators, but there is a second duty-to-preserve lesson that is especially pertinent to in-house counsel, say attorneys at Faegre Drinker.

  • Musk-OpenAI Verdict Shows Value Of Early-Stage Governance

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    A California federal court's ruling last week in Musk v. Altman preserves the status quo at OpenAI, but signals to the technology industry at large that courts will not relitigate the governance decisions of early-stage organizations on a founder's competitive timetable, surfacing questions that will outlast the litigation, says attorney Alan N. Walter.

  • Finding Borrower Risk In The Private Credit Covenant Mix

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    Amid rising caution over private credit defaults, investors and their counsel can gain key insights about borrower risk from the particular combination of financial metrics included in a loan's covenants, not just the number of covenants, say Christopher Armstrong at Stanford University, and Carlo Gallimberti and David Tsui at Analysis Group.

  • Series

    Studying Foreign Languages Makes Me A Better Lawyer

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    Studying Italian and Japanese has shown me that learning a new language can benefit a legal career in several ways, including by demonstrating the importance of approaching problems from a fresh perspective and the value of practicing patience with colleagues and clients, says Anna King at Genworth Financial.

  • NIL Contracts Test Limits On College Football Transfers

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    College football's new legal era of direct payments to players and fewer transfer restrictions has put contractual provisions in play, and stipulations such as termination clauses and repayment obligations require added scrutiny as the name, image and likeness system evolves, says Kevin Paule at Hill Ward Henderson.

  • How The High Court Expanded Freight Broker Liability

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    After the U.S. Supreme Court's decision in Montgomery v. Caribe Transport II that freight brokers may be liable for selecting unsafe motor carriers, the key question will be whether brokers used reasonable care in selecting a given motor carrier, with the concurring opinion offering some clues as to what reasonable care might look like, says Marc Blubaugh at Benesch.

  • DOJ Activity Indicates Rising Antitrust Risk For Hospitals

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    Two civil actions filed by the U.S. Department of Justice against New York-Presbyterian Hospital and OhioHealth, both alleging that the hospital systems used their market power to stifle competition, highlight the government's growing scrutiny of barriers to lower-cost insurance options, say attorneys at Freshfields.

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