https://www.law360.com/commercialcontracts?utm_source=rss&utm_medium=rss&utm_campaign=section Latest articles for: Commercial Contracts Copyright 2025 Portfolio Media, Inc. en-US Thu, 01 May 2025 23:26:59 +0000 https://www.law360.com/commercialcontracts/articles/2333429?utm_source=rss&utm_medium=rss&utm_campaign=section https://www.law360.com/commercialcontracts/articles/2333429 The Federal Trade Commission and Nevada on Thursday filed suit in federal court against an investment training company they alleged scammed more than $1.2 billion out of consumers, mostly young adults, by selling trading courses taught by "bogus" instructors and encouraging consumers to participate in a multi-level marketing scheme. Thu, 01 May 2025 22:52:42 +0000 https://www.law360.com/commercialcontracts/articles/2333273?utm_source=rss&utm_medium=rss&utm_campaign=section https://www.law360.com/commercialcontracts/articles/2333273 A Manhattan federal judge on Thursday permanently ended claims a real estate investor in a botched $2.6 billion Philippine casino deal brought against attorneys from Sadis & Goldberg LLP, finding that claims that they allowed a fraud to unfold and breached their fiduciary duties were too vague. Thu, 01 May 2025 22:30:39 +0000 https://www.law360.com/commercialcontracts/articles/2334015?utm_source=rss&utm_medium=rss&utm_campaign=section https://www.law360.com/commercialcontracts/articles/2334015 The D.C. Circuit was having a hard time Thursday with a Venezuelan state-owned oil company's arguments that it should be allowed out of a nearly 14-year-old suit brought by an Oklahoma-based petroleum drilling company that claims its drilling rigs were illegally seized by the state. Thu, 01 May 2025 22:05:15 +0000 https://www.law360.com/commercialcontracts/articles/2333316?utm_source=rss&utm_medium=rss&utm_campaign=section https://www.law360.com/commercialcontracts/articles/2333316 The federal government brought a bombshell False Claims Act suit Thursday against Aetna, Elevance and Humana, claiming the insurers paid hundreds of millions of dollars in illegal kickbacks to brokers in exchange for enrollments into their Medicare Advantage plans, with Humana and Aetna also accused of discriminating against disabled beneficiaries. Thu, 01 May 2025 21:18:07 +0000 https://www.law360.com/commercialcontracts/articles/2332716?utm_source=rss&utm_medium=rss&utm_campaign=section https://www.law360.com/commercialcontracts/articles/2332716 A Florida appeals court Wednesday reversed a default judgment against a show horse owner in a dispute with investors, ruling that the court jumped the gun on the judgment after learning the owner faked brain cancer treatment to get preferred hearing dates. Thu, 01 May 2025 20:51:13 +0000 https://www.law360.com/commercialcontracts/articles/2333111?utm_source=rss&utm_medium=rss&utm_campaign=section https://www.law360.com/commercialcontracts/articles/2333111 A Florida state appeals court upheld the dismissal of a condo's Hurricane Irma damage lawsuit against a Florida entity created to handle the claims for insolvent insurers, finding it was time-barred. Thu, 01 May 2025 20:14:35 +0000 https://www.law360.com/commercialcontracts/articles/2332957?utm_source=rss&utm_medium=rss&utm_campaign=section https://www.law360.com/commercialcontracts/articles/2332957 An Oklahoma soccer team suing the National Premier Soccer League for breach of contract argued that the trial court should allow evidence showing that it lost revenue after the organization refused to allow access to a local stadium for its home games. Thu, 01 May 2025 20:01:48 +0000 https://www.law360.com/commercialcontracts/articles/2333014?utm_source=rss&utm_medium=rss&utm_campaign=section https://www.law360.com/commercialcontracts/articles/2333014 Private equity-tilted limited liability company contract terms beat minority investor challenges to the fairness of the $8.9 billion merger in January 2023 that joined Summit Health-CityMD and VillageMD, a Delaware vice chancellor ruled late Wednesday. Thu, 01 May 2025 19:14:35 +0000 https://www.law360.com/commercialcontracts/articles/2333022?utm_source=rss&utm_medium=rss&utm_campaign=section https://www.law360.com/commercialcontracts/articles/2333022 A U.S. Army contractor sued a custom cable manufacturer in Texas federal court Thursday, alleging that it is owed more than $1.3 million for specialized cable sets that were never delivered. Thu, 01 May 2025 18:26:55 +0000 https://www.law360.com/commercialcontracts/articles/2332628?utm_source=rss&utm_medium=rss&utm_campaign=section https://www.law360.com/commercialcontracts/articles/2332628 A Michigan federal judge on Wednesday awarded $10.4 million to a class of truckers who sued RSP Express Inc. alleging the company and its owners skimmed off the top of their contracts, shorting drivers for freight transported across the Mexican and Canadian borders. Thu, 01 May 2025 17:01:35 +0000 https://www.law360.com/commercialcontracts/articles/2333159?utm_source=rss&utm_medium=rss&utm_campaign=section https://www.law360.com/commercialcontracts/articles/2333159 Arrow Field Services LLC has asked the Texas Supreme Court to wipe out a $20 million verdict for its general contractor on a North Dakota natural gas plant because the company "was in continuous default" during the project. Thu, 01 May 2025 16:58:59 +0000 https://www.law360.com/commercialcontracts/articles/2333263?utm_source=rss&utm_medium=rss&utm_campaign=section https://www.law360.com/commercialcontracts/articles/2333263 While the red carpet arrivals of the biggest names in the entertainment industry are sure to win the most attention at the Met Gala on Monday, attorneys also play a significant role in advising the brands and celebrities at the center of fashion's biggest night. Thu, 01 May 2025 16:37:59 +0000 https://www.law360.com/commercialcontracts/articles/2332413?utm_source=rss&utm_medium=rss&utm_campaign=section https://www.law360.com/commercialcontracts/articles/2332413 Brewing economic uncertainty in the hospitality industry underscores the importance of subordination, nondisturbance and attornment agreements, and hotel managers should tightly negotiate these agreements to ensure remedies will not disturb key rights, say attorneys at Sidley. Thu, 01 May 2025 16:08:53 +0000 https://www.law360.com/commercialcontracts/articles/2332715?utm_source=rss&utm_medium=rss&utm_campaign=section https://www.law360.com/commercialcontracts/articles/2332715 The Eleventh Circuit said a Georgia-based tobacco importer will remain on the hook for a $1.1 million verdict for selling counterfeit rolling papers, rejecting the company's arguments that the Lanham Act damages levied against it needed to bear close relation to the actual damages suffered by the papers' manufacturer. Thu, 01 May 2025 16:01:14 +0000 https://www.law360.com/commercialcontracts/articles/2332923?utm_source=rss&utm_medium=rss&utm_campaign=section https://www.law360.com/commercialcontracts/articles/2332923 Home Depot was hit with a proposed class action in Georgia federal court Wednesday over allegations that it consistently breaches provisions of its rental contracts by unilaterally applying damage protection without customers opting into the service. Thu, 01 May 2025 14:58:54 +0000 https://www.law360.com/commercialcontracts/articles/2332637?utm_source=rss&utm_medium=rss&utm_campaign=section https://www.law360.com/commercialcontracts/articles/2332637 A former McCarter & English LLP client waited too long to challenge interest calculations that added more than $1 million to an attorney fee award, the firm has argued, asking a judge to reject Jarrow Formulas Inc.'s bid to reduce a March 12 judgment totaling $3.8 million. Thu, 01 May 2025 10:21:44 +0000 https://www.law360.com/commercialcontracts/articles/2305667?utm_source=rss&utm_medium=rss&utm_campaign=section https://www.law360.com/commercialcontracts/articles/2305667 Serving as an adjunct college professor has taught me the importance of building rapport, communicating effectively, and persuading individuals to critically analyze the difference between what they think and what they know — principles that have helped to improve my practice of law, says Sheria Clarke at Nelson Mullins. Wed, 30 Apr 2025 23:23:32 +0000 https://www.law360.com/commercialcontracts/articles/2332501?utm_source=rss&utm_medium=rss&utm_campaign=section https://www.law360.com/commercialcontracts/articles/2332501 A Venezuelan state-owned petrochemicals company is urging the U.S. Supreme Court to clarify which party has the burden of proving whether sovereign immunity applies in litigation targeting foreign countries, as it looks to dodge litigation to enforce a $23 million debt owed to a Florida chemical wholesaler. Wed, 30 Apr 2025 22:40:29 +0000 https://www.law360.com/commercialcontracts/articles/2331910?utm_source=rss&utm_medium=rss&utm_campaign=section https://www.law360.com/commercialcontracts/articles/2331910 A Washington federal judge has ordered a Colorado-based poultry processor to reimburse a grocery distributor's $3 million settlement with an ex-Trader Joe's vendor that sued over a bony batch of meat, adding to more than $13.5 million the chicken producer owes following a December trial.   Wed, 30 Apr 2025 21:51:29 +0000 https://www.law360.com/commercialcontracts/articles/2332558?utm_source=rss&utm_medium=rss&utm_campaign=section https://www.law360.com/commercialcontracts/articles/2332558 The California Bar has asked the state's supreme court to help it account for rampant technical difficulties on the February 2025 bar exam by approving a lower passing score and allowing the bar to give test-takers credit for some questions they left blank.