Commercial Contracts Law360 provides breaking news and analysis on commercial contract law. Coverage includes major contract disputes between companies in the U.S. and around the globe, as well as relevant regulatory and legislative developments.
A Qualcomm executive took the stand Friday during a California federal bench trial over the Federal Trade Commission's allegations the company's "no license, no chips" practice violates antitrust laws, testifying that it modeled its standard-essential patent process after Google's 2013 consent decree with the FTC.
In an effort to streamline dual bankruptcy proceedings for Mexican oil rig company Perforadora Oro Negro in its home country and the U.S., a domestic mediator will join negotiations between the company and its creditors in a jack-up rig seizure dispute, a U.S. bankruptcy judge said.
The last week has seen former Rabobank trader Anthony Conti sue his old employer, ArcelorMittal take Essar’s investment manager to court months after acquiring its steel business, and the managing director of AlixPartners sue a prominent Irish businessman and a British property tycoon. Here, Law360 looks at those and other new claims in the U.K.
Seats Inc. must face BNSF Railway Co.'s breach-of-contract suit alleging the manufacturer should be on the hook for payments to an engineer who suffered career-ending injuries from allegedly defective locomotive seats, a Nebraska federal judge ruled.
The question of whether an appeals court can overrule a contract dispute settlement between two oil companies that traded $3 million in potential damages for a 25 percent working interest in Permian Basin oil and gas leases will come before the Texas Supreme Court next month.