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On Thursday the Miller Canfield partner won a $300 million jury verdict for Valassis, a company specializing in stand-alone newspaper coupon inserts. Valassis claimed that its competitor News America unfairly pressured customers--some of whom testified by video at trial--to drop Valassis. The jury agreed. Now Curtner gets to try the same case in two other courts.
Houston, We Have an Arbitration
A biennial survey of international arbitration shows one of the most marked trends to be a surge in energy disputes, with oil, gas and utility sectors accounting for more than a third of this year's survey. Another trend: an increase in Latin American cases, which now represent 34 percent of the survey, including 48 percent of treaty-based disputes between states and foreign investors. Thanks to their energy roots and southern exposure, law firms with Texas ties are riding especially high.Which allegations are worse--that a YouTube founder "is blatantly stealing content from other sites and trying to get everyone to see it," or that Viacom secretly uploaded its own copyrighted videos to YouTube? Both sides have a lot of explaining to do.
The last time we checked, The Sun-Times Media Group (formerly known as Hollinger International) had spent more than $77 million on lawyers defending Conrad Black and three former Hollinger executives charges with looting it. Thanks to generous indemnification agreements, the company has to pay the legal bills of its ousted executives. Those bills will continue to mount now that the Supreme Court has agreed to hear the appeal of three former Hollinger execs whose convictions were upheld last year by the Seventh Circuit.
Toyota troubles shielded by agency
Federal enforcement of safety standards hobbled by lack of resources and political will.GC Puts a Lot of Energy Into Lukoil Equity Buy
Stephen Gates has been senior vice president and general counsel at ConocoPhillips Inc. of Houston for only 18 months, and he has spent much of his time on the job working on an energy deal that completes the largest privatization in Russian history.The proposed settlement comes two-and-a-half months after class counsel reached a $125 million proposed settlement with Satyam for alleged accounting fraud that earned the company the nickname, "India's Enron."
According to Gibson Dunn's Theodore Boutrous Jr., whose arguments won the day in Standard Fire Insurance v. Knowles, Monday's Supreme Court ruling will stop plaintiffs lawyers from "slicing and dicing" their class action claims to avoid federal jurisdiction.
In 2007 the Sullivan & Cromwell partner turned plaintiffs lawyer won a $521 million award against the accounting firm, only to see BDO's lawyers at Greenberg Traurig get it overturned on appeal. On Monday Thomas struck again, winning $92 million in compensatory and punitive damages against BDO, this time on behalf of the Batchelor Foundation.
Plaintiffs suing military contractors got some good news March 18, when a federal judge in the Eastern District of Virginia denied a motion to dismiss claims that CACI International tortured Iraqi detainees. Critically, the judge did not accept CACI's theories of immunity.
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