A proposed class of natural gas royalty owners asked Friday for final approval of a $221 million deal, including $147 million in cash and policy changes resulting in tens of millions more in royalties, settling claims in Oklahoma federal court that a BP PLC unit underpaid them royalties.
Law360 Commercial Contracts COMMERCIAL CONTRACTS

Monday, October 22, 2018 Follow Law360

TOP NEWS

Gas Royalty Owners Seek Final OK Of $221M Deal With BP

A proposed class of natural gas royalty owners asked Friday for final approval of a $221 million deal, including $147 million in cash and policy changes resulting in tens of millions more in royalties, settling claims in Oklahoma federal court that a BP PLC unit underpaid them royalties. Read full article »

HP Unit Owes Startup $2.3M For Software Work

A California federal jury found Friday that a Hewlett Packard unit must pay a software startup more than $2.3 million for work on a Malaysian banking project, while clearing HP on many of the allegations in a contract suit that sought tens of millions in damages. Read full article »

HTC Says Ericsson Is Dragging Its Feet In SEP Royalties Row

Cellphone maker HTC America Inc. urged a Texas federal court on Thursday to nudge Ericsson Inc. into turning over evidence related to its alleged overcharging for aging standard-essential patents, saying the Swedish telecom is dragging its feet while it awaits a ruling on whether certain antitrust claims can be arbitrated. Read full article »

Ex-Tennis Star's Tourney Ties Force Arbitration In WTA Suit

A New York federal judge has said a former Romanian tennis star suing the Women's Tennis Association received enough personal benefit from the ownership of a Madrid tournament that he must adhere to his company's arbitration agreement with the tennis organization, even if he personally did not sign it. Read full article »

REAL ESTATE & DEVELOPMENT

Bank Must Face Claim Of Stalling Wall Street Condo Sale

A Manhattan trial judge ruled Friday that real estate firm Bleckner PC can sue Signature Bank for refusing to let the firm put a $14 million down payment on a building in the heart of New York’s Financial District because the bank believes the building’s seller is blacklisted by the U.S. Treasury. Read full article »

Blackstone Real Estate Arm Buys Hawaiian Ritz-Carlton Hotel

The Ritz-Carlton Kapalua, a luxury oceanfront hotel on a 49-acre property in Maui, Hawaii, has sold for an undisclosed price to Blackstone Real Estate Partners, according to joint venture partners Ares Management LLC, SMW Hospitality LLC and Trinity Real Estate Investments LLC. Read full article »

ENERGY & ENVIRONMENTAL

Texas Justices Decline To Hear Apache Royalties Dispute

The Texas Supreme Court on Friday declined Devon Energy Production Co.’s request to review a lower court decision that said the company is solely liable to pay royalties on oil and gas produced from wells drilled by Apache Corp. Read full article »

COMPETITION

Auto Group Investors Try To Ditch Antitrust, RICO Suit

Three auto group investors asked a Texas federal judge to toss an antitrust suit against them, saying the case should be tried in Oklahoma, where identical bid-rigging and racketeering claims in the foreclosure of their two dealerships are being heard in the Oklahoma Supreme Court. Read full article »

SPORTS

Texas Justices Won't Revive Romo's Fantasy Expo NFL Suit

The Texas Supreme Court on Friday declined to review a suit alleging the National Football League torpedoed a fantasy football convention associated with former Dallas Cowboys quarterback Tony Romo. Read full article »

TECHNOLOGY

Texas Justices To Hear IBM's $17.5M Software Contract Row

The Texas Supreme Court on Friday granted review to IBM Corp. in its bid to overturn a $17.5 million jury award in favor of Lufkin Industries LLC stemming from a software contract. Read full article »

PEOPLE

Jackson Walker Picks Up Appellate Pro In Dallas

Jackson Walker LLP has hired the former managing partner of the now-closed appellate boutique Hankinson LLP to join its Dallas office's trial and appellate litigation practice as a partner. Read full article »

EXPERT ANALYSIS

Need Litigation Finance? Don't Skip These 5 Steps

The process of applying for litigation financing isn’t difficult, but few do it right the first time. Following five steps in your application process will help make sure litigation funders are convinced of the value of your company's legal claims, says Molly Pease of Curiam Capital LLC. Read full article »

LEGAL INDUSTRY

Feature

BigLaw Firms Quiet About Lobbying Ties To Saudi Arabia

Gibson Dunn & Crutcher LLP is the only major U.S. law firm to walk away from its lobbying relationship with Saudi Arabia after growing condemnation of its alleged involvement in a journalist's death, as five other major law firms are keeping quiet about their ties to the Middle Eastern kingdom so far. Read full article »

Kavanaugh Gets 7th Circ. As High Court Shuffles Assignments

The U.S. Supreme Court on Friday issued an order handing over Justice Elena Kagan’s Seventh Circuit assignment, which she had held since 2010, to newly confirmed Justice Brett Kavanaugh. Read full article »

Feature

Chancery Closes Gender Gap, National Courts Moving Slowly

Delaware lawmakers caused a small stir earlier this month when they confirmed two veteran female attorneys to the state’s Court of Chancery, expanding the nationally important court by two seats while roughly closing the gender gap among its now-seven members for the first time. Read full article »

Interview

GCs Should Take Hack Issues To The Feds, DHS Official Says

Jeanette Manfra, a top cybersecurity and communications official at the U.S. Department of Homeland Security, tells Law360 why she's inviting general counsel to trade information about cyberthreats with her office and discusses the department's plan to secure the upcoming federal and state elections. Read full article »

Labaton Says 1/3 Of Its Open Cases Include Referral Fees

Nearly one-third of Labaton Sucharow LLP’s open cases came to the firm through referral arrangements, according to a filing Thursday in Massachusetts federal court, offering a peek behind the curtain as the firm faces scrutiny for a payment to a Texas attorney uncovered in the ongoing State Street settlement fee fight. Read full article »

Philly Atty Says Neighboring Starbucks Flooded His File Room

A Philadelphia attorney sued his landlord and Starbucks Corp. in state court Thursday over a 2016 flood — allegedly caused by a pipe clogged with coffee grounds from a neighboring coffee shop — that destroyed archived client files kept in the lawyer’s basement storage room. Read full article »

Atty Urges Justices To Hear Suit Over Defamatory Yelp Review

A personal injury lawyer and her firm have urged the U.S. Supreme Court to review the California Supreme Court's split ruling that reverses an order requiring Yelp Inc. to take down defamatory reviews that a former client posted on the customer review site. Read full article »

Feature

GC Cheat Sheet: The Hottest Corporate News Of The Week

Three separate surveys published recently identified the four firms that general counsel fear the most, revealed one in four professional women working in the legal industry experienced some form of sexual harassment or misconduct in the past five years and showed legal industry has a serious problem with bullying. These are some of the stories in corporate legal news you may have missed in the past week.​ Read full article »

Podcast

Law360's Pro Say: No 11th-Hour Judicial Picks For Fla. Gov.

The Florida Supreme Court ruled this week that Republican Gov. Rick Scott couldn’t pick three new high court justices in his final hours in office, capping off a strange judicial showdown in the Sunshine State. Carolina Bolado, our senior Florida reporter, joins us on the Pro Say podcast to break it all down. Read full article »

JOBS
Search full listings or advertise your job opening
Law360 Pro Say Podcast

Listen to our new podcast here

LAW FIRMS

Akin Gump

Baker McKenzie

Brownstein Hyatt

Carrington Coleman

Choate

Coblentz Patch

Condon & Forsyth

Cravath Swaine

Davis Wright Tremaine

Emery Celli

GableGotwals

Gibson Dunn

Greenberg Traurig

Haltom & Doan

Hankinson LLP

Harder LLP

Hassell Law Group

Haynes and Boone

Herrick Feinstein

Hogan Lovells

Jackson Lewis

Jackson Walker

Jones Day

K&L Gates

Kilpatrick Townsend

King & Spalding

Kirkland & Ellis

Labaton Sucharow

Lanier Law Firm

Lieff Cabraser

Littler Mendelson

Lynch Chappell

Lynn Pinker

McAfee & Taft

McKool Smith

Morgan Lewis

Morris James

Nixon Peabody

Ogletree Deakins

Perkins Coie

Pillsbury Winthrop

Powers Taylor

Proskauer Rose

Quinn Emanuel

Reed Smith

Rex A. Sharp PA

Simpson Thacher

Skadden

Squire Patton Boggs

Steidley & Neal

Stroock & Stroock

Thornton Law Firm LLP

Venable LLP

Weil Gotshal

Winstead PC

Yetter Coleman

Young Conaway

COMPANIES

Ally Financial Inc.

American Arbitration Association

American Bar Association

Apache Corp.

Ares Management LP

BP p.l.c.

BTI Consulting Group Inc.

Dallas Cowboys

Delaware State Bar Association

Devon Energy Corp.

FTI Consulting Inc.

Faculty Athletics Representatives Association

General Electric Co.

Google Inc.

International Bar Association

International Business Machines Corp.

LM Ericsson Telephone Company

Lehman Brothers Holdings Inc.

Lufkin Industries, Inc.

Maui Land & Pineapple Company Inc.

NFL Enterprises LLC

New York University

Ritz-Carlton Company LLC

Signature Bank

Square Mile Capital Management LLC

Starbucks Corporation

State Street Corp.

Steven Madden Ltd.

The Blackstone Group LP

The Gap Inc.

Twitter Inc.

WTA Tour Inc.

Waldorf Astoria Hotels and Resorts

Washington Post Co.

Yelp Inc.

GOVERNMENT AGENCIES

California Supreme Court

Federal Judicial Center

Florida Supreme Court

International Chamber of Commerce

National Security Agency

New York Attorney General's Office

Office of Foreign Assets Control

Oklahoma Supreme Court

Texas Supreme Court

U.S. Army

U.S. Department of Energy

U.S. Department of Homeland Security

U.S. Department of Justice

U.S. Department of State

U.S. Supreme Court