The Texas Supreme Court on Friday reached the same conclusion as a lower appellate court — albeit through a different reasoning — and sided with landowners in an oil and gas dispute with ConocoPhillips, rejecting the company's contention that the lower court's ruling had rendered a state rule against perpetuities meaningless.
The Texas Supreme Court agreed with a trial court's toss of Orca Assets GP LLC's $400 million lawsuit alleging JPMorgan Chase Bank NA fraudulently double-leased an oil and gas property in the Eagle Ford Shale, ruling Friday that Orca ignored “red flags” in the negotiations.
A former business partner of “Real Housewives of New Jersey” star Melissa Gorga fought back Thursday against a bid to arbitrate her $30 million defamation claims against Gorga, NBC, and executive producer Andy Cohen, arguing that the arbitration provision in the contract she signed doesn't apply.
A New York state judge said at a Friday hearing she would consider sanctioning Google for deeming too much of its discovery so sensitive that it couldn’t be shown to the clients of the lawyers across the table, an issue that appears to have never before been contemplated by the state’s courts.
The Texas Supreme Court on Friday reversed a lower appellate court's ruling and rendered judgment in favor of uranium mining company URI Inc. in a dispute with a Texas county over a 2004 settlement agreement, saying the lower court erroneously read ambiguity over URI's cleanup obligations into the deal.
The last week has seen a commercial fraud claim against Pakistan's United Bank Ltd., a contract dispute between two hedge funds and a professional negligence suit against tax and trust specialist Withers LLP.
A California federal judge on Thursday kept alive the remaining state law claims in a proposed class action accusing Experian Information Solutions of duping consumers into buying credit reports, finding that the Fair Credit Reporting Act did not preempt them.
A Florida drug treatment center facing a $30 million lawsuit for allegedly ripping off electronic medical records provider Kipu Systems' product urged a federal judge Thursday to find Kipu's 2014 terms of service inapplicable and unenforceable, which it said would greatly narrow the case.
Talks on a reported $1.125 billion sale agreement for bankrupt M&G USA Corp.’s huge plastic resin-making complex in Texas bogged down in the home stretch Friday, with company representatives resetting a sale hearing for Monday and warning of a cash crunch.
The Miami Marlins, battling a suit by Miami-Dade County and the city of Miami over the team’s recent $1.2 billion sale, told a Florida federal court Friday that a preliminary injunction issued by a state court judge does not meet the requirements for an injunction under federal law and should be dissolved.
A Korean cosmetics company on Friday said that it will drag the corporate arm of Malaysia's development authority into arbitration to settle claims it failed to pay certain fees under a $35 million contract, according to local media.
For those structured as corporations, the decrease in the maximum corporate tax rate and the repeal of the corporate alternative minimum tax offer good news. But since many law firms are organized as pass-through entities, several limitations on deductions mean they won’t see as much benefit from the new tax law as some other industries, says Evan Morgan of CPA and advisory firm Kaufman Rossin PA.
Global law firm Freshfields Bruckhaus Deringer LLP has filed its gender pay gap report with the U.K. government, revealing a 13.9 percent gap between average hourly pay of male and female employees in its London and Manchester offices.
A San Jose law school slapped the State Bar of California with a federal antitrust lawsuit Wednesday, claiming an agency committee that reviews law school accreditation matters is structured to favor certain schools.
Topping this week's legal lions list is a team of attorneys from Labaton Sucharow LLP who secured two SEC whistleblower awards worth roughly $83 million for three tipsters, the agency's largest award ever, while now-departed Latham & Watkins LLP Chair Bill Voge heads up the legal lambs list over the behavior, which included sending sexually explicit messages, that led to his resignation.