3 Pitfalls of Contractual Choice-of-Law Provisions
Contractual choice-of-law provisions are one of the most frequently used yet repeatedly misunderstood provisions in modern contracts. The intricacies of these provisions can trip up drafters and litigators alike.Pa. Justices Let Stand $65 Million Verdicts
The Pennsylvania Supreme Court has refused to review the two largest verdicts -- worth more than $65 million -- ever handed up by Luzerne County juries. The high court's ruling upholds a decision that rejected the appeals of a sprinkler system manufacturer that was held partially liable for a warehouse fire that destroyed millions of stored documents. The Superior Court rejected the argument that the sprinkler system was not a "product" because it was not completely installed at the time of the fire.MGA Defends $108 Million Fee Award in Bratz Fight, Documents Show
MGA Entertainment Inc., which requested $161 million in attorney fees and costs following its $88.5 million verdict against Mattel Inc., has acquiesced to a discovery master's recommendation that it collect $108 million in attorney fees, according to recently unsealed court documents.Why NYDFS is the Financial Regulator to Watch
Last summer, the New York Department of Financial Services burst into the regulatory spotlight. Now, nearly a year later, there are plenty of good reasons to pay plenty of attention to this zealous regulator.Federal Judge Cuts Fee Sanctions for Withheld Discovery
A federal judge in Newark has slashed to $10,000 a discovery sanction of $246,211 imposed by a magistrate judge in a commercial contract case, calling it "extremely unreasonable." District Judge Susan Wigenton emphasized in her ruling that "this was merely a discovery matter."When the Penalty for GCs and Other Execs is Career Death
A closely watched case tests the power of the government to punish corporate executives absent evidence the officials were aware of misconduct among subordinates.Double Jeopardy and the New World of Antibribery Laws
Multinationals frequently bump up against multijurisdiction antibribery probes under laws like the FCPA. An international treaty is supposed to sort out who does what—but hasn't so far.Trending Stories
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