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Latest News in Commercial Contracts

• July 18, 2025

  4th Circ. Remands Insurance Award Feud Over FAA Confusion

  In a published decision that refers to the Federal Arbitration Act as "not a triumph of legislative draftsmanship," the Fourth Circuit on Friday overturned the enforcement of an arbitral award favoring health insurance service providers that is being challenged over an arbitrator's alleged conflict of interest.

• July 18, 2025

  Texas Appeals Court Says City Wanted Too Much In Royalties

  A Texas appeals court affirmed a lower court's ruling against the city of Crowley, Texas, finding that the city's energy agreement with A Texas appeals court affirmed a lower court's ruling against the city of Crowley, Texas, on Thursday, finding that the city's energy agreement with TotalEnergies E&P USA Inc. requires gas royalty payments to be calculated solely based on the market value of the gas at the point of sale.

• July 18, 2025

  Chancery Fast-Tracks Game Co. Suit Over $250M Earnout

  A shareholder representative for a popular video game franchise won a Delaware Chancery Court partial fast-track Friday in a suit accusing the company's South Korean buyer of scheming to sabotage the acquired company's most promising game sequel to avoid paying a $250 million deal earnout bonus.

• July 18, 2025

  Off The Bench: Latest NASCAR Win, Trans Athlete Fights Ban

  In this week's Off The Bench, Michael Jordan's racing team fails to bounce back right away from a tough defeat in its battle with NASCAR, a transgender woman fights a last-minute expulsion from a college women's track and field event, and a football player sees his window to playing an extra college season slammed shut by the NCAA and the Seventh Circuit.

• July 18, 2025

  Insurer Improperly Took $7M From Letter Of Credit, Court Told

  A unit of a Qatar-based insurance company accused a U.S.-based insurer in North Carolina federal court of improperly drawing down roughly $7 million from a letter of credit that was part of one set of reinsurance transactions to pay for its obligations under another completely separate reinsurance transaction.

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