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Commercial Contracts
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February 11, 2026
Crypto Co. Owes Investors $55M After Failed Deal, Suits Say
Cryptocurrency firm Goliath Ventures Inc. has reneged on agreements to return capital to investors in cryptocurrency liquidity pools and failed to pay significant management fees, to the tune of nearly $55 million, according to three suits filed in Florida.
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February 11, 2026
Media Co. Challenges $36M Formula One Award Over Fraud
A media company has asked a California federal judge to stop a British Formula One racing team and related car designer from enforcing a $36 million arbitral award against it, saying it learned during bankruptcy proceedings of fraud committed by the F1 team.
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February 11, 2026
Miami World Cup Counsel Share Look At Prep Work, Impact
Counsel representing the FIFA World Cup's Miami Host Committee gave Law360 an inside look at their multifaceted work preparing for the upcoming event, which organizers say could have the economic impact of multiple Super Bowls.
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February 11, 2026
Boeing Aims To Nix Polish Airline's $8.4M Damages Report
Boeing has asked a Seattle federal judge to exclude an $8.4 million "eleventh hour" damages report prepared by a Polish airline's expert, arguing it is not only untimely but also irrelevant to testimony the jury will hear.
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February 11, 2026
7th Circ. Mulls Expiration Date Of Teva, Eli Lilly Patent Deal
Seventh Circuit judges Wednesday pressed counsel for Teva Pharmaceuticals USA Inc. to address how long a settlement under which Eli Lilly & Co. agreed not to block the approval and marketing of Teva's generic version of its osteoporosis drug Forteo could reasonably remain in effect, given Teva's drug wasn't ready for market until years after the underlying patent dispute.
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February 11, 2026
Shkreli Can't Add Wu-Tang Members To Fight With Crypto Co.
"Pharma Bro" Martin Shkreli can't drag two members of the Wu-Tang Clan hip-hop group into a suit brought by a crypto firm that claims Shkreli improperly retained copies of an album that it bought the rights to, a New York federal judge ruled on Wednesday.
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February 11, 2026
MrBeast, Ex-IT Worker Near Deal In Trade Secret Theft Dispute
YouTube star MrBeast's media company has told a North Carolina federal judge it has reached a settlement in principle to resolve its lawsuit accusing a former IT contractor of downloading thousands of confidential company documents ahead of his firing and leaving behind hidden cameras throughout the company's offices.
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February 11, 2026
Egypt's 'Social Law' Doesn't Endorse Bribery, Jury Told
Attorneys for a former Corsa Coal executive on trial for allegedly passing bribes sought to undermine an expert witness's opinions that bribery was illegal in Egypt, confronting him with law review articles he'd written that said corruption was commonly accepted and had become the "social law."
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February 11, 2026
Ex-Manager Says Zipcar Used Illegal Noncompetes, Pay Rules
Zipcar enforced noncompetes against employees who did not meet Washington state's earnings threshold and barred managers from discussing their wages in violation of state law, a former manager alleged in a proposed class action filed in state court.
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February 11, 2026
Beasley Allen Wants Talc DQ Paused Pending High Court Appeal
Hundreds of women who claim their ovarian cancer was caused by Johnson & Johnson's talcum powder risk appearing in an upcoming trial without their preferred counsel from the Beasley Allen Law Firm, unless a New Jersey state court stays an order disqualifying the firm, it said.
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February 11, 2026
Latham Adds Kirkland, Winston & Strawn Litigators In Texas
Latham & Watkins LLP has strengthened its complex commercial litigation practice with two new partners in the Lone Star State, one arriving from Winston & Strawn LLP and the other coming aboard from Kirkland & Ellis LLP.
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February 11, 2026
Del. Developer Accuses Ex-GC Of Drafting 'Unfair' Agreements
Real estate development and management company Harvey Hanna & Associates Inc. has sued its former general counsel in Delaware Chancery Court, accusing him of using his position to draft documents that unfairly gave him ownership stakes in several related companies.
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February 11, 2026
CCA Gets OK On Ch. 11 Plan After Bahamas Developer Deal
A New Jersey bankruptcy judge Wednesday signed off on Chinese state-owned firm CCA Construction Inc.'s Chapter 11 plan, months after the debtor reached a settlement with a Bahamian resort developer whose $1.6 billion court win sent CCA into bankruptcy.
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February 11, 2026
Pot Investor Sues Attys Over Securities Suit Loss
A cannabis company investor is suing his former attorneys in Washington state court, alleging he lost a Washington Securities Act suit because of their failure to object to the defendant's arguments and didn't tell him about his case's dismissal.
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February 10, 2026
Oil Terminal Ownership Was Undisputed, Texas Jury Told
An international investor told a Texas Business Court jury Tuesday that the trio of business partners looking to edge him out of Gulf Coast crude terminal project had never previously objected to his 20% stake or his monthly six-figure paychecks for helping secure financing.
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February 10, 2026
5th Circ. Says Bank Worker's ERISA Claims Can Be Arbitrated
The Fifth Circuit on Tuesday held that a former employee at a Texas-based bank must arbitrate his proposed class claims accusing the bank of failing to invest retirement funds, reversing a lower court's finding that the arbitration clause didn't apply to him because it was added after his employment ended.
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February 10, 2026
Valve's Trial Against Accused Patent Troll Begins In Seattle
Valve Corp. told a Seattle federal jury Tuesday that inventor Leigh Rothschild and his intellectual property firms spent years "harassing" the video game company over patents it was already licensed to use in pursuit of a bigger payout, pressing play on a trial that will test Washington's Patent Troll Prevention Act.
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February 10, 2026
Swipe-Fee Class Wants Personal Injury Firm Sanctioned
A class of merchants in a lengthy antitrust litigation against Visa and Mastercard is seeking sanctions against a personal injury firm and one of its referral partners, arguing the third-party entities have repeatedly misled would-be class members about the case's settlement and how much recovery they might receive.
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February 10, 2026
'What I Like About You' Bandmates Seek End To Royalty Spat
The founding guitarist of The Romantics asked a federal judge to either appoint a receiver or dissolve the company that manages the "What I Like About You" performers' finances, as his bandmate argued it's time for a judge to put an end to "meritless" self-dealing accusations.
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February 10, 2026
Feds Say 50 Cent's Liquor Boss Violated Fraud Plea Deal
Federal prosecutors said a former executive at rapper Curtis "50 Cent" Jackson's liquor brand violated a fraud plea agreement by requesting a sentence of one year in home confinement, arguing he had already agreed to spend more than two years behind bars.
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February 10, 2026
Amazon Calls FTC Allegations Of Hidden Documents 'Reckless'
Amazon.com assailed the Federal Trade Commission for accusing it of using auto-deleting Signal chats and improper privilege claims to hide evidence of rules that created an artificial pricing floor across online retail stores, asking a Washington federal judge to appoint a special master to handle the "inflammatory, close-of-discovery filings."
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February 10, 2026
Delaware Justices Bar Damages For Invalid Noncompetes
The Delaware Supreme Court on Tuesday affirmed a Delaware Chancery Court ruling that barred Fortiline Inc. and its parent, Patriot Supply Holdings Inc., from recovering damages for breaches of noncompete and nonsolicitation agreements that had already been deemed unenforceable.
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February 10, 2026
Texas Justices Unsure Appraisal Is Avoidable In $40M Claim
The Texas Supreme Court on Tuesday wanted to know why the owner of a building that allegedly suffered over $40 million worth of damage after extreme flooding should get to avoid an appraisal its insurer demanded, noting that the owner had already agreed to it.
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February 10, 2026
NC Justices Told Not To Disturb Lindberg's $122M Penalty
A group of insurance companies that say convicted billionaire Greg Lindberg is responsible for their "financial ruin" are fighting to keep in place a $122 million contempt order against him, telling North Carolina's highest court there's no compelling reason to review the decision.
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February 10, 2026
Astellas Gets $90M From Lupin In Myrbetriq Patent Deal
Generic-drug maker Lupin Pharmaceuticals has inked a deal to pay $90 million to settle claims that it infringed patents held by rival Astellas Pharma Inc. covering name-brand bladder drug Myrbetriq.
Expert Analysis
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AI Evidence Rule Tweaks Encourage Judicial Guardrails
Recent additions to a committee note on proposed Rule of Evidence 707 — governing evidence generated by artificial intelligence — seek to mitigate potential dangers that may arise once machine outputs are introduced at trial, encouraging judges to perform critical gatekeeping functions, say attorneys at Lankler Siffert & Wohl.
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Where Things Stand At The CFPB As Funding Dries Up
The Consumer Financial Protection Bureau is on pace to run out of funding in the new year, threatening current and future rulemaking efforts, but a rapid series of recent actions still carries significant implications for regulated entities and warrants careful monitoring in the remaining weeks of the year, say attorneys at Brownstein Hyatt.
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Series
The Law Firm Merger Diaries: Getting The Message Across
Communications and brand strategy during a law firm merger represent a crucial thread that runs through every stage of a combination and should include clear messaging, leverage modern marketing tools and embrace the chance to evolve, says Ashley Horne at Womble Bond.
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Opinion
Horizontal Stare Decisis Should Not Be Casually Discarded
Eliminating the so-called law of the circuit doctrine — as recently proposed by a Fifth Circuit judge, echoing Justice Neil Gorsuch’s concurrence in Loper Bright — would undermine public confidence in the judiciary’s independence and create costly uncertainty for litigants, says Lawrence Bluestone at Genova Burns.
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10 Commandments For Agentic AI Tools In The Legal Industry
Though agentic artificial intelligence has demonstrated significant promise for optimizing legal work, it presents numerous risks, so specific ethical obligations should be built into the knowledge base of every agentic AI tool used in the legal industry, says Steven Cordero at Akerman LLP.
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Series
Preaching Makes Me A Better Lawyer
Becoming a Gospel preacher has enhanced my success as a trial lawyer by teaching me the importance of credibility, relatability, persuasiveness and thorough preparation for my congregants, the same skills needed with judges and juries in the courtroom, says Reginald Harris at Stinson.
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FTC Focus: Amazon's $2.5B Pact Broadens Regulatory Span
Amazon's $2.5 billion deal with the Federal Trade Commission offers takeaways for counsel managing risk across both consumer protection and competition portfolios, including that design strategies once evaluated solely for conversion may now be scrutinized for their competitive effects, say attorneys at Proskauer.
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Series
Law School's Missed Lessons: Practicing Client-Led Litigation
New litigators can better help their corporate clients achieve their overall objectives when they move beyond simply fighting for legal victory to a client-led approach that resolves the legal dispute while balancing the company's competing out-of-court priorities, says Chelsea Ireland at Cohen Ziffer.
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Series
The Law Firm Merger Diaries: How To Build On Cultural Fit
Law firm mergers should start with people, then move to strategy: A two-level screening that puts finding a cultural fit at the pinnacle of the process can unearth shared values that are instrumental to deciding to move forward with a combination, says Matthew Madsen at Harrison.
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Why Justices Must Act To End Freight Broker Liability Split
The Sixth Circuit's recent ruling in Cox v. Total Quality Logistics Inc., affirming states' authority over negligence claims against transportation brokers, deepens an existing circuit split, creating an untenable situation where laws between neighboring states conflict in seven distinct instances — and making U.S. Supreme Court intervention essential, says Steven Saal at Lucosky Brookman.
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Fashion Giants' €157M Fine Shows Price-Fixing Not In Vogue
The European Commission’s recent substantial fining of fashion houses Gucci, Chloé and Loewe for resale price maintenance in a distribution agreement demonstrates that a wide range of activities is considered illegal, and that enforcement under EU competition law remains a priority, says Matthew Hall at McGuireWoods.
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'Measure Twice, Cut Once' Also Applies To Builders' Insurance
A New York federal court's recent decision in Ohio Security Insurance v. Southwest Marine and General Insurance, denying additional insured coverage, shows why it's key to apply the caution of "measure twice, cut once" to construction contracts and insurance policy language, say attorneys at Reed Smith.
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Considerations When Invoking The Common-Interest Privilege
To successfully leverage the common-interest doctrine in a multiparty transaction or complex litigation, practitioners should be able to demonstrate that the parties intended for it to apply, that an underlying privilege like attorney-client has attached, and guard against disclosures that could waive privilege and defeat its purpose, say attorneys at DLA Piper.
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How 2nd Circ. Decision Extends CFTC's Extraterritorial Reach
The Second Circuit recently concluded in U.S. v. Phillips that the Commodity Exchange Act extends to entirely foreign conduct if a victim of the conduct is based in the U.S., suggesting there is a heightened risk that foreign swap transactions will be susceptible to U.S. regulation when U.S. counterparties are involved, say attorneys at Skadden.
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Series
The Law Firm Merger Diaries: Making The Case To Combine
When making the decision to merge, law firm leaders must factor in strategic alignment, cultural compatibility and leadership commitment in order to build a compelling case for combining firms to achieve shared goals and long-term success, says Kevin McLaughlin at UB Greensfelder.