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Commercial Contracts
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March 03, 2026
Investor Claims Telecom CEO Faked Emails To Dilute Stake
The primary investor of a telecom infrastructure startup has accused its founder and a top executive in Delaware Chancery Court of forging board approvals, unlawfully issuing equity and sidelining the plaintiff in a bid to entrench control.
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March 03, 2026
False Positive Blocks $50M COVID Coverage Bid, Court Told
An insurer said an auto parts manufacturer can't get $50 million in coverage for COVID-19 losses, telling a North Carolina federal court the company concealed that an employee's positive test result was false since it was the only evidence that the virus was present at one of the manufacturer's facilities.
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March 03, 2026
Day Pitney Faces DQ Bid Over Ex-Justice's Role In $1.3M Case
Day Pitney LLP should be sidelined from a $1.3 million private equity management company's windup lawsuit because former Connecticut Supreme Court Chief Justice Richard A. Robinson, now a partner at the firm, heard the case before it was earmarked for a new trial, three company owners have argued.
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March 03, 2026
Judge Appoints Receiver For Crypto Co. Over $328M Scheme
A Florida judge appointed a receiver Tuesday in a lawsuit against cryptocurrency company Goliath Ventures Inc. after expressing concerns about the company's assets following the arrest last week of its CEO on charges that he was operating a $328 million Ponzi scheme at Goliath.
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March 03, 2026
North Face Left Co. With $2.2M In Unsold Garments, Suit Says
A Vietnamese garment supplier has sued The North Face's parent companies in Colorado federal court, alleging they refused to accept and pay for more than 200,000 finished North Face-branded garments worth about $2.23 million after the supplier completed production under purchase orders.
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March 03, 2026
Feds Lose Fight To End NY Congestion Pricing
A Manhattan federal judge ruled Tuesday that the U.S. Department of Transportation acted unlawfully when it purportedly terminated a federal agreement that gave New York's congestion pricing the green light, handing the state a decisive victory against the Trump administration's efforts to eliminate the program.
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March 02, 2026
Musk's Twitter Trash Talk Hurt Stock, Jury Told As Trial Starts
Musk "trashed" Twitter to tank the stock price and renegotiate his $44 billion deal to buy the company, Twitter investors' counsel told a California federal jury at the start of trial Monday, while Musk's lawyer said it wasn't securities fraud for Musk to air "legitimate" concerns about fake accounts on the platform.
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March 02, 2026
Seattle Kraken Owners Beat Appeal Over Scrapped Deal
A Washington state appeals court on Monday declined to revive a company's lawsuit accusing the Seattle Kraken NHL team's ownership and entertainment company Oak View Group of pulling out of a planned deal to develop a large "eatertainment" venue near Climate Pledge Arena.
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March 02, 2026
Ex-Google CEO Wins Stay Of Sexual Assault, Surveillance Suit
A woman who accused former Google CEO Eric Schmidt of sexually assaulting and surveilling her must arbitrate her claims, a Los Angeles state court judge ruled Monday after pressing the woman earlier in the day on whether the alleged surveillance, including the use of private investigators, amounted to sexual harassment.
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March 02, 2026
Macy's, Petco, Starbucks Close To Dodging Payment IP Suits
A Texas federal judge is encouraging the court to free Macy's, Petco and Starbucks from litigation accusing them of infringing payment processing patents, saying they're covered under a license with the processors.
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March 02, 2026
5th Circ. Presses McDermott Shareholders On Direct Claim
A Fifth Circuit panel wanted to know why investors should get another shot at a direct class action alleging that McDermott International Inc. made misrepresentations about a $6 billion merger, asking Monday if the case before the court was "analogous" to a case alleging the company overpaid for the merger.
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March 02, 2026
Chubb Unit Liable For Claims After Primary Insurer's Collapse
A Chubb unit must step in and provide excess coverage for asbestos exposure claims against a waterworks product supplier, a Massachusetts state court ruled Monday, finding that the company's primary policy has been exhausted as a result of that carrier's insolvency and inability to pay for covered losses.
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March 02, 2026
Chancery Orders Receiver As EpicentRx Fails To Pay $425K
The Delaware Chancery Court on Monday appointed a limited receiver to force clinical-stage biotech company EpicentRx to satisfy outstanding advancement and sanction obligations owed to its former corporate secretary Stephen Davis, finding that repeated contempt rulings and escalating fines failed to bring the company into full compliance.
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March 02, 2026
Comcast Says Dish Can't Back Out Of Deal, Owes $54M
Comcast accused Dish Wireless in Colorado federal court of improperly attempting to assert force majeure over a master service agreement between the two companies, and that Dish owes Comcast more than $54 million in damages.
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March 02, 2026
Tech Co. Tells 3rd Circ. Plenty Alleged To Revive IP Suit
A New Jersey software company urged the Third Circuit on Monday to revive its suit against a traffic technology company over the alleged unlicensed use of one of its products, arguing that there were enough facts in its complaint to survive a motion to dismiss.
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March 02, 2026
NFL Teams Ask Judge To Revisit Flores Suit Arbitration Ruling
Three NFL teams have asked a New York federal judge to reverse a decision she made two weeks ago and allow their dispute with former head coach Brian Flores to be decided in arbitration instead of in court.
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March 02, 2026
Widower Drops Suit Over Disney Restaurant Allergy Death
A Florida lawsuit over a woman's food allergy death at a Walt Disney World restaurant has been voluntarily dismissed, likely ending a case in which Disney made an unusual attempt to send the case to arbitration pursuant to terms in its video streaming service.
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March 02, 2026
Apple Execs Hit With Derivative Suit Over Alleged Monopoly
A Florida police pension fund has hit Apple Inc.'s top brass with a derivative securities suit in California federal court, accusing them of breaching their fiduciary duties by profiting off of the company's anticompetitive conduct while exposing Apple to significant legal risks, which has already led to billions of dollars in fines.
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March 02, 2026
Fla. REIT Blames Ponzi Probe, Lawsuits In Ch. 11 Filing
A real estate investment trust accused last year by Florida authorities of being a Ponzi scheme has filed for federal bankruptcy protection, claiming the state probe, a racketeering lawsuit from a talk show host and a U.S. Securities and Exchange Commission action tarnished its reputation.
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March 02, 2026
Rent Commissions Shouldn't Be 'Gutless,' Conn. Justices Told
Two landlords on Monday asked the Connecticut Supreme Court to allow evictions to advance without interference from Hartford's and Middletown's fair rent commissions, urging the justices to establish boundaries one legal aid attorney said would result in a "gutless administrative body."
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March 02, 2026
Overlap Job Duties Off Limits To Ex-Joe Gibbs Racing Director
Joe Gibbs Racing LLC's former competition director can keep his job at rival NASCAR team Spire Motorsports but can't do any work that overlaps with his old duties, a North Carolina federal judge ruled Monday in partially granting the super team's bid for a temporary restraining order.
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March 02, 2026
Pot Farm Says 6th Circ. Shouldn't Nix $32M Curaleaf Verdict
Hello Farms Licensing MI LLC is urging a Sixth Circuit panel not to undo its nearly $32 million win in a contract suit against units of cannabis giant Curaleaf, saying the fact that cannabis is federally illegal doesn't render the contract void.
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March 02, 2026
5th Circ. Hesitant To Pin Grandmother With Drug Smuggling
A Fifth Circuit panel seemed wary of pinning an Oklahoma grandmother with a drug smuggling charge on top of an allegation of running a Ponzi scheme, asking Monday if failure to conduct due diligence is "all it takes to make them a drug conspirator."
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March 02, 2026
Catching Up With Delaware's Chancery Court
The Delaware Chancery Court's docket last week featured headline-grabbing disputes involving fast food giant Jack in the Box and boxing legend Mike Tyson's cannabis venture, alongside high-stakes fights over merger documents, appraisal rights and a $75 million renewable energy funding clash.
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March 02, 2026
Justices Pass On $55M Arbitrator Misconduct Petition
The U.S. Supreme Court declined Monday to take up a petition asking it to resolve whether an arbitration conducted by a three-member tribunal was fundamentally fair if one arbitrator "functionally abandoned his post" during a hearing.
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.