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Commercial Contracts
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February 09, 2026
Crypto Investor's $16M Case Ousted From Chancery
The Delaware Chancery Court on Monday dismissed a cryptocurrency investor's lawsuit accusing a group of crypto entities and insiders of engineering a $16 million "pump and dump" scheme, ruling the claims were not properly brought in equity and belong, if anywhere, in the Delaware Superior Court instead.
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February 09, 2026
Insurer Fights To Keep Wrongful Death Coverage Suit Alive
A Liberty Mutual unit should be able to proceed with its suit over coverage for a healthcare company facing eight wrongful death actions, the insurer told a Texas federal court, saying the present action is the only one in which the question of coverage is presently and properly joined.
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February 09, 2026
NY Judge OKs $4M Bond While Wind Farm Case Is Appealed
A New York federal judge has stayed the enforcement of a judgment favoring a Chinese company against Orient Commercial Joint Stock Bank in a wind farm dispute as the Vietnamese bank appeals an earlier order, also approving a $4 million bond tendered with OCB's motion to stay.
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February 09, 2026
Catching Up With Delaware's Chancery Court
Delaware's chancellor has rejected a bid for dismissal of a derivative suit accusing Coinbase Global Inc. insiders of massively unloading shares ahead of a steep stock drop, stressing a special litigation committee's failure to meet independence standards.
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February 09, 2026
10th Circ. Ends Civil Rights Suit, Sanctions Atty For AI Errors
A self-represented Maryland attorney could not revive her $15 million racial discrimination suit against Denver-based Frontier Airlines after a Tenth Circuit panel found the district court had not erred in its dismissal, in a ruling that also sanctioned the lawyer for misusing generative artificial intelligence.
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February 09, 2026
Pullman & Comley Says Lender Can't Sue Over $16.2M Deal
Pullman & Comley LLC on Monday said a Connecticut judge lacks jurisdiction to hear legal malpractice and related claims from a lender that loaned $16.2 million to the corporate arm of a municipal housing authority, arguing the housing entity, not the lender, was its only client.
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February 09, 2026
Coal Exec Knew Egyptian Broker Paid Bribes, Jury Told
A former coal executive knew his Egyptian broker was passing along part of his commissions as bribes in exchange for $143 million in contracts, according to prosecutors' opening arguments Monday in his Pennsylvania jury trial for allegedly violating the Foreign Corrupt Practices Act — while his attorneys said he was simply in the dark.
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February 09, 2026
Production Co. Fights To Keep Film Credits Suit In Chancery
A Delaware Chancery Court judge on Monday pondered whether she still has authority to hear a dispute over a 2024 Maltese-shot war action film, after both sides agreed that the case's remaining claims now center solely on money damages rather than equitable relief.
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February 09, 2026
Insurers Sued Over Nix Of $4M Coverage In Competition Fight
A Florida luxury vehicle company locked in a lawsuit with a competitor alleging deceptive trade practices was wrongfully denied insurance coverage under a directors and officers policy, forcing the auto company to fork out more than $4 million in defense costs, it told a Florida federal court.
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February 09, 2026
State Street Says Kronos Data Breach Cost It $27.6M
Human resources software provider UKG Kronos has failed to adequately address a 2021 data breach that left State Street Bank without access and put it at legal risk in multiple countries, the financial services company said in a $27.6 million lawsuit filed in Massachusetts state court.
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February 06, 2026
$8M Rent-To-Own Class Settlements Get Final OK
Five years of litigation — split between sister suits in North Carolina state and federal court — revolving around allegedly exorbitant fees on rent-to-own contracts for storage sheds ended this week after both courts entered final judgments and cemented a combined $8 million settlement.
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February 06, 2026
SpaceX Investing Co. Sued In Del. Over Unlaunched Reports
A fund that pumped $10 million into a company formed in 2022 with the sole purpose of investing in SpaceX sued Friday in Delaware's Court of Chancery for breach of contract, citing repeated failures to deliver required financial reports and observing that past demands have been met with documents stamped "Draft."
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February 06, 2026
Wintrust Beats Mortgage Loan Racial Bias Suit For Good
Wintrust Financial Corp. and a mortgage lender subsidiary no longer face a proposed class action accusing them of discriminating against Black homebuyers after an Illinois federal judge found the amended suit doesn't show that the alleged discrimination was intentional or resulted in disparate lending outcomes.
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February 06, 2026
Menzies Targets NYC Townhouse In $7.6M Niger Award Feud
A subsidiary of British aviation services company Menzies has set its sights on a $35 million luxury townhouse on the Upper East Side owned by the Nigerien government as it looks to enforce a nearly 13-year-old $7.6 million arbitral award against the West African country.
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February 06, 2026
Kroger And Albertsons Win Dismissal In Antitrust Labor Case
A Colorado federal judge on Friday dismissed a grocery store employee's proposed class action against Kroger and Albertsons alleging the pair violated antitrust law through a no-poach agreement to not hire competitor employees during a strike.
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February 06, 2026
Contractor Owner Fights Perjury Charges Tied To Bankruptcy
The owner of a bankrupt government contractor has asked a Delaware federal court to throw out a perjury indictment against her, arguing federal prosecutors criminalized what she said were good faith, and in some cases accurate, disclosures made during a fast-moving bankruptcy case
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February 06, 2026
Northrop Grumman Sues Testing Co. For Satellite Mishap
Northrop Grumman is suing Maryland-based subcontractor Element U.S. Space & Defense for more than $10 million in damages, claiming that an inexperienced technician's "gross error" during testing wrecked a $5 million solar satellite array in 2024.
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February 06, 2026
'Cardiac Pack' Wants NC Justices To Revive NIL Suit
A group of former student-athletes from the early 1980s is urging North Carolina's highest court to revive their name, image and likeness lawsuit against the NCAA, arguing the organization's use of gameplay footage to advertise March Madness is a continuing harm.
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February 06, 2026
Chrysler Muscle Car Drivers Sue Over Seat Height Adjusters
Chrysler and Dodge's parent company sold millions of vehicles with defective seat height adjusters that create an "unreasonable risk of injury or death" during collisions and then hid the defect from authorities, alleges a proposed class action filed in Texas federal court.
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February 06, 2026
Ex-Yale New Haven Hospital Exec Drops Covenant Payment Suit
A Connecticut federal judge has accepted a deal to dismiss a lawsuit claiming Yale New Haven Hospital withheld $994,000 in contractually required payments to its former chief operating officer, but said the parties can reopen the dispute if they need the court's intervention.
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February 06, 2026
Kalshi Given 30 Days To End New Sports Wagers In Mass.
A Massachusetts state court on Friday gave Kalshi 30 days to comply with a preliminary injunction barring the prediction market from offering new sports-related event contracts to state residents, denying a request for a stay pending an anticipated appeal.
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February 06, 2026
Ex-President Accuses Physician AI Co. Of Fraud, Wage Theft
A data science platform and its top brass persuaded its former chief strategy officer and president to invest $750,000 in the business, only then to not pay him wages, the former employee told a North Carolina federal court, claiming he's owed more than $430,000 in commission wages.
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February 06, 2026
NH Supreme Court Upholds $23 Million Nokia Oral Deal
The New Hampshire Supreme Court has affirmed a $23 million award a federal jury granted to Collision Communications against Nokia, representing the amount allegedly agreed upon in an over-the-phone deal made for patent licenses in 2017.
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February 06, 2026
Beasley Allen Disqualified From NJ Talc Multicounty Litigation
A New Jersey state appeals court disqualified the Beasley Allen Law Firm from representing plaintiffs in multicounty litigation over Johnson & Johnson's talc-based baby powder, ruling Friday that a former Faegre Drinker Biddle & Reath LLP lawyer's collaborative efforts with the firm's attorneys violated ethics rules.
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February 06, 2026
Taxation With Representation: Gibson Dunn, S&C, Wachtell
In this week's Taxation With Representation, Elon Musk announces SpaceX's acquisition of his artificial intelligence company xAI, Devon Energy and Coterra Energy agree to merge, and Banco Santander SA acquires Webster Financial Corp.
Expert Analysis
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Notable Q2 Updates In Insurance Class Actions
Vehicle valuation challenges regarding the use of projected sale adjustments continued apace in insurance class actions this quarter, where insurers have been scoring victories on class certification decisions in federal circuit courts, says Mathew Drocton at BakerHostetler.
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Series
Hiking Makes Me A Better Lawyer
On the trail, I have thought often about the parallels between hiking and high-stakes patent litigation, and why strategizing, preparation, perseverance and joy are important skills for success in both endeavors, says Barbara Fiacco at Foley Hoag.
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Series
Law School's Missed Lessons: Negotiation Skills
I took one negotiation course in law school, but most of the techniques I rely on today I learned in practice, where I've discovered that the process is less about tricks or tactics, and more about clarity, preparation and communication, says Grant Schrantz at Haug Barron.
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Opinion
Bar Exam Reform Must Expand Beyond A Single Updated Test
Recently released information about the National Conference of Bar Examiners’ new NextGen Uniform Bar Exam highlights why a single test is not ideal for measuring newly licensed lawyers’ competency, demonstrating the need for collaborative development, implementation and reform processes, says Gregory Bordelon at Suffolk University.
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Texas High Court Decision Could Reshape Contract Damages
The Texas Supreme Court recently held that an order of specific performance for a real property transaction doesn't preclude a damage award, establishing a damages test for this scenario while placing the onus on lower courts to correctly determine the proper remedies and quantum of damages, say attorneys at Fried Frank.
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A Simple Way Courts Can Help Attys Avoid AI Hallucinations
As attorneys increasingly rely on generative artificial intelligence for legal research, courts should consider expanding online quality control programs to flag potential hallucinations — permitting counsel to correct mistakes and sparing judges the burden of imposing sanctions, say attorneys at Lankler Siffert & Wohl and Connors.
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What's At Stake In High Court Review Of Funds' Right To Sue
The U.S. Supreme Court's upcoming review of FS Credit Opportunities v. Saba Capital Master Fund, a case testing the limits of using Investment Company Act Section 47(b) to give funds a private right of action to enforce other sections of the law, could either encourage or curb similar activist investor lawsuits, say attorneys at Goodwin.
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Tracking The Evolving Legal Landscape Of Music Festivals
The legal infrastructure behind music festivals is anything but simple, so attorneys advising clients in this space should be prepared for a wide range of legal challenges, including the unexpected risks that come with live events, says Meesha Moulton at Meesha Moulton Law.
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Cos. Must Tailor Due Diligence As Trafficking Risks Increase
As legislators, prosecutors and plaintiffs attorneys increasingly focus on labor and sex trafficking throughout the U.S., companies must tailor their due diligence strategies to protect against forced labor trafficking risks in their supply chains, say attorneys at Steptoe.
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Series
Creating Botanical Art Makes Me A Better Lawyer
Pressing and framing plants that I grow has shown me that pursuing an endeavor that brings you joy can lead to surprising benefits for a legal career, including mental clarity, perspective and even a bit of humility, says Douglas Selph at Morris Manning.
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Reddit v. Anthropic Is A Defining Moment In The AI Data Race
The recent lawsuit filed by Reddit against Anthropic in California state court marks a pivotal moment in the burgeoning field of artificial intelligence by sidestepping a typical copyright dispute, focusing instead on the enforceability of online terms of service and ownership of the digital commons, says William Galkin at Galkin Law.
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What Developers Can Glean From Miami Condo Ruling
A Florida state appeals court's recent denial of a Miami condo redevelopment bid offers a detailed blueprint of what future developers must address when they evaluate the condominium's governing declaration and seek to terminate a condominium, say attorneys at Shubin Law.
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Opinion
The Legal Education Status Quo Is No Longer Tenable
As underscored by the fallout from California’s February bar exam, legal education and licensure are tethered to outdated systems, and the industry must implement several key reforms to remain relevant and responsive to 21st century legal needs, says Matthew Nehmer at The Colleges of Law.
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2nd Circ. Reinforces Consensus On Vacating Foreign Awards
In Molecular Dynamics v. Spectrum Dynamics Medical, the Second Circuit recently affirmed that federal district courts do not possess subject matter jurisdiction to vacate foreign arbitral awards, strengthening this consensus across the circuits most active in recognition and enforcement actions, says Ed Mullins at Reed Smith.
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E-Discovery Quarterly: Rulings On Relevance Redactions
In recent cases addressing redactions that parties sought to apply based on the relevance of information — as opposed to considerations of privilege — courts have generally limited a party’s ability to withhold nonresponsive or irrelevant material, providing a few lessons for discovery strategy, say attorneys at Sidley.