/commercialcontracts?utm_source=rss&utm_medium=rss&utm_campaign=section Latest articles for: Commercial Contracts Copyright 2025 ÃÛÌÒÊÓƵ. en-US Fri, 16 May 2025 23:31:37 +0000 /commercialcontracts/articles/2341625?utm_source=rss&utm_medium=rss&utm_campaign=section /commercialcontracts/articles/2341625 Krispy Kreme investors hit the doughnut chain with a proposed securities class action Friday, alleging Krispy Kreme overhyped its partnership with McDonald's before disclosing poor financial results and uncertainty about its future. Fri, 16 May 2025 23:05:54 +0000 /commercialcontracts/articles/2341518?utm_source=rss&utm_medium=rss&utm_campaign=section /commercialcontracts/articles/2341518 A name mix-up in a petition will cost a lending company its claim to an interest in property forfeited in a criminal fraud case, the Fifth Circuit ruled Friday, agreeing with a Texas federal judge that the drafting error was fatal. Fri, 16 May 2025 22:32:10 +0000 /commercialcontracts/articles/2341334?utm_source=rss&utm_medium=rss&utm_campaign=section /commercialcontracts/articles/2341334 Investors in an Indian satellite communications company have been granted permission to challenge a ruling allowing India's sovereign immunity defense in English litigation to enforce a $217 million arbitral award, after a judge in London ruled Friday that the immunity issue raises broader questions. Fri, 16 May 2025 22:11:14 +0000 /commercialcontracts/articles/2341496?utm_source=rss&utm_medium=rss&utm_campaign=section /commercialcontracts/articles/2341496 Eurofinsa SA has asked a D.C. federal court for permission to begin seizing the Gabonese Republic's assets as the Spanish company that specializes in global infrastructure projects looks to enforce a nearly $18 million arbitral award against the African country. Fri, 16 May 2025 22:04:05 +0000 /commercialcontracts/articles/2341265?utm_source=rss&utm_medium=rss&utm_campaign=section /commercialcontracts/articles/2341265 The government of Laos, as it attempts to enforce some $5 million in arbitral awards related to a failed casino venture, still has not proven that the case should be decided in U.S. federal court in the Northern Mariana Islands, one of the companies owing the money said Friday. Fri, 16 May 2025 21:56:51 +0000 /commercialcontracts/articles/2340832?utm_source=rss&utm_medium=rss&utm_campaign=section /commercialcontracts/articles/2340832 Zurich American Insurance Co. has sued its former New York City-based head of management liability for allegedly poaching two employees by luring them to rival Everest Insurance when he took a new gig there, in violation of a one-year nonsolicitation agreement. Fri, 16 May 2025 21:39:11 +0000 /commercialcontracts/articles/2341538?utm_source=rss&utm_medium=rss&utm_campaign=section /commercialcontracts/articles/2341538 NJ Transit has hit two unions with lawsuits in New Jersey federal court over a rail strike that began Friday, accusing a Teamsters unit and the American Train Dispatchers Association of violating the Railway Labor Act by refusing to cross another Teamsters unit's picket line. Fri, 16 May 2025 20:08:54 +0000 /commercialcontracts/articles/2341623?utm_source=rss&utm_medium=rss&utm_campaign=section /commercialcontracts/articles/2341623 Armory Capital Group LLC and three affiliates sued Wayzata Investment Partners, Houlihan Lokey Inc. and others in Delaware's Court of Chancery on Friday, alleging fiduciary breaches in connection with multiple unexplained and purportedly conflicted "black box" financing deals for Oregon-based aerospace venture Erickson Incorporated. Fri, 16 May 2025 19:50:00 +0000 /commercialcontracts/articles/2340964?utm_source=rss&utm_medium=rss&utm_campaign=section /commercialcontracts/articles/2340964 A Connecticut federal judge's oral ruling and follow-up minute entry were formal orders that triggered a 30-day countdown to appeal losses in a contract dispute worth $1.7 million, a Second Circuit panel has held, saying a plastic resin producer's interpretation of the relevant local rule "rings of empty formalism." Fri, 16 May 2025 19:08:24 +0000 /commercialcontracts/articles/2340721?utm_source=rss&utm_medium=rss&utm_campaign=section /commercialcontracts/articles/2340721 A dietary supplement maker sued its partner on a lease for a Denver-area warehouse, claiming the other company failed to make a single payment after they agreed to split the 10-year lease in 2021. Fri, 16 May 2025 17:56:08 +0000 /commercialcontracts/articles/2341367?utm_source=rss&utm_medium=rss&utm_campaign=section /commercialcontracts/articles/2341367 A North Carolina man who runs a company that provides support services for disaster relief has accused his business partner of pilfering his payout from a contract to provide meals for Duke Energy workers assisting in recovery efforts after Hurricane Helene. Fri, 16 May 2025 17:36:39 +0000 /commercialcontracts/articles/2341351?utm_source=rss&utm_medium=rss&utm_campaign=section /commercialcontracts/articles/2341351 A Tokio Marine unit must pay over 5.4 million Canadian dollars ($3.8 million) for class counsel fees that Honda Canada Inc. incurred in underlying class actions over airbag deficiencies, but is off the hook for CA$2.9 million in settlement administration costs, a Canadian court affirmed. Fri, 16 May 2025 17:05:32 +0000 /commercialcontracts/articles/2340960?utm_source=rss&utm_medium=rss&utm_campaign=section /commercialcontracts/articles/2340960 A New York distillery and two Washington whiskey drinkers are asking a federal judge to reconsider the Washington state liquor board's win in a challenge to rules requiring a physical in-state presence to sell online, saying they never got to analyze the circuit ruling on which the decision was based. Fri, 16 May 2025 16:53:01 +0000 /commercialcontracts/articles/2341574?utm_source=rss&utm_medium=rss&utm_campaign=section /commercialcontracts/articles/2341574 Ex-attorney L. Lin Wood must pay his former law partners more than $11 million in a long-running fee dispute stemming from the breakup of their firm, an Atlanta jury has said, less than a year after Wood was ordered to pay his former partners $4.5 million in a related federal defamation trial. Fri, 16 May 2025 16:37:15 +0000 /commercialcontracts/articles/2341315?utm_source=rss&utm_medium=rss&utm_campaign=section /commercialcontracts/articles/2341315 A merchandising company has dropped its lawsuit against a former executive it accused of exploiting trade secrets to sabotage a $47 million deal with home improvement giant Lowe's, according to a stipulation of dismissal filed Thursday. Fri, 16 May 2025 16:32:23 +0000 /commercialcontracts/articles/2340246?utm_source=rss&utm_medium=rss&utm_campaign=section /commercialcontracts/articles/2340246 Shook Hardy & Bacon LLP has expanded its Chicago office with the recent addition of an attorney with nearly 40 years of experience representing clients in mass tort matters and commercial disputes. Fri, 16 May 2025 13:31:21 +0000 /commercialcontracts/articles/2340862?utm_source=rss&utm_medium=rss&utm_campaign=section /commercialcontracts/articles/2340862 Hollywood actress Susan Sarandon has resolved a dispute with a contractor that oversaw construction and maintenance for her $2 million sustainable Vermont retreat, which featured a geothermal heating system she claimed was less efficient due to missing insulation, according to a filing in Massachusetts federal court. Fri, 16 May 2025 13:22:03 +0000 /commercialcontracts/articles/2340697?utm_source=rss&utm_medium=rss&utm_campaign=section /commercialcontracts/articles/2340697 The North Carolina Business Court ruled that the part-owner of an RV and cabin campsite did not actually transfer her interest in the individual units at that camp to a development company she helped create before her relationship with that firm and her business partners soured. Fri, 16 May 2025 11:22:21 +0000 /commercialcontracts/articles/2339525?utm_source=rss&utm_medium=rss&utm_campaign=section /commercialcontracts/articles/2339525 A recent settlement of claims against law firm Eckert Seamans for allegedly abetting a Ponzi scheme underscores the continuing threat of clients who seek to exploit their lawyers in perpetrating fraud, and the critical importance of preemptive measures to avoid these clients, say attorneys at Lockton Companies. Fri, 16 May 2025 11:10:11 +0000 /commercialcontracts/articles/2334962?utm_source=rss&utm_medium=rss&utm_campaign=section /commercialcontracts/articles/2334962 Though the Consumer Financial Protection Bureau has significantly scaled back enforcement under the new administration, states remain able to pursue Consumer Financial Protection Act violators and the ÃÛÌÒÊÓƵ seems set to enhance its focus on predatory loans to military members and fraudulent debt collection and credit reporting practices, say attorneys at MoFo.