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A split Sixth Circuit panel has slashed a real estate developer's $1.7 mi= llion damages award after finding that while the owner of Cincinnati's hist= oric Terrace Plaza Hotel breached the companies' contract by selling the pr= operty to another buyer, the developer was only owed $100,000.

Construction

THURSDAY= , MARCH 16, 2023

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TOP NEWS

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Split 6th Circ. Guts Developer's $1.7M Win In Hotel Sa= le Suit

=09

By Thy Vo

A split Sixth Circuit panel has sl= ashed a real estate developer's $1.7 million damages award after finding th= at while the owner of Cincinnati's historic Terrace Plaza Hotel breached th= e companies' contract by selling the property to another buyer, the develop= er was only owed $100,000.

=20 Opinion attached |=20 Read full article »

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DC Judge Orders Fresh Start In $131M Peruvian Award Ca= se

=09

By Katie Buehler

A D.C. federal judge on Wednesday = restarted an international arbitration dispute in which the Peruvian capita= l city of Lima is attempting to nix a highway contractor's more than $131 m= illion award, ordering both sides to submit revised motions to vacate or af= firm the award with updated case law citations following a nearly three-yea= r stay.

Read full article »

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Conoc= oPhillips Wants To Intervene In Alaska Drilling Suit

=09

By David Holtzman

Fearing that its plans to drill fo= r oil in the National Petroleum Reserve in northern Alaska could be in peri= l, a ConocoPhillips subsidiary asked a federal court this week to allow it = to intervene in a lawsuit that environmental groups filed to block governme= nt approval of the project.

=20 2 documents attached |=20 Read full article »


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Tribe Can't Blame Atty In Bid To Undo $89M Casino Judg= ment

=09

By Carolyn Muyskens

A Michigan state judge on Wednesda= y rejected the Sault Ste. Marie Tribe of Chippewa Indians' bid to unwind an= $89 million default judgment against its casino business, finding Kewadin = Casinos shared the blame with its attorney for ignoring court orders.

Read full article »

LITIGATION

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Steel Tariffs Don't Offset Dumping Duties, Fed. Circ. = Holds

=09

By Jennifer Doherty

The Federal Circuit once again das= hed the hopes of importers seeking relief from the 25% tariff on steel prod= ucts by affirming Wednesday that the national security levies could not be = used to reduce anti-dumping duties on their goods.

=20 Opinion attached |=20 Read full article »

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Firms Battle To Steer Clayton Dubilier-Cornerstone Dea= l Suits

=09

By Rose Krebs

Two counsel teams are vying to lea= d a proposed stockholder class in Delaware Chancery Court litigation allegi= ng that private equity firm Clayton Dubilier & Rice LLC's $5.8 billion = acquisition of Cornerstone Building Brands Inc. was unfair and violated sta= ndstill provisions of an earlier shareholder agreement.

Read full article »

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Duke Rival Appeals Over Judge's Un-Recusal In Antitrus= t Suit

=09

By Piper Hudspeth Blackburn

Duke Energy Corp.'s rival has aske= d the Fourth Circuit to walk back a district court ruling that threw out it= s claims alleging the energy giant's monopoly in North Carolina prevented f= air competition, arguing the judge shouldn't have been allowed to preside o= ver the case after initially recusing himself.

=20 Brief attached |=20 Read full article »

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Pa. DOT And Contractor Sued Over Worker's Fatal Fall

=09

By Ryan Harroff

The estate of a construction worke= r who suffered a fatal fall from his raised bucket truck lift after a tract= or-trailer collided with it at "highway speeds" took the Pennsylvania Depar= tment of Transportation, the late worker's employer and a safety harness co= mpany to state court seeking damages.

=20 Complaint attached |=20 Read full article »

EXPERT ANALYSIS

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Sanctions Enforcement Around The G-7: View From The US=

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The recent creation of the G-7 Enf= orcement Coordination Mechanism, to be chaired by the U.S. in its first yea= r, signals that companies should prepare for increased enforcement of Russi= a sanctions and better coordination of such efforts among member nations, s= ay attorneys at Baker McKenzie.

Read full article »

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DOJ's Google Sanctions Motion Shows Risks Of Auto-Dele= tion

=09 =09

The U.S. Department of Justice rec= ently hit Google with a sanctions motion over its alleged failure to preser= ve relevant instant-messaging communications, a predicament that should be = a wake-up call for counsel concerning the danger associated with automatic-= deletion features and how it's been handled by the courts, say Oscar Shine = and Emma Ashe O’Toole at Selendy Gay.

=20 Motion attached |=20 Read full article »

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LEGAL INDUSTRY

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Haynes Boone, Other Firms Augment Teams Over SVB Fallo= ut

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By Kevin Penton

Last week's collapse of Silicon Va= lley Bank and the ensuing financial fallout are prompting several law firms= to boost task forces to assist clients with navigating the current uncerta= inty in the banking industry.

Read full article »

Analysis

Bank Failures Shine Light On Corporate Governance Risk= s

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By Tom Zanki

As fallout spreads from the collap= ses of Silicon Valley Bank and Signature Bank, legal experts say boards of = directors should review governance risks of companies they oversee to prote= ct against liability now and in future scenarios.

Read full article »

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Ex-Proskauer COO Wants Trade Secret Suit Partially Axe= d

=09

By Andrea Keckley

Former Proskauer Rose LLP Chief Op= erating Officer Jonathan O'Brien asked a New York federal judge on Tuesday = to throw out trade secret misappropriation and conversion claims from a sui= t accusing him of stealing Proskauer's confidential information, arguing th= at the firm has not shown that he used the secret documents he allegedly co= pied.

=20 Memorandum attached |=20 Read full article »

Analysis

When A Litigation Funder Is Accused Of Taking Over The= Case

=09

By Hannah Albarazi

Legal finance behemoth Burford Cap= ital promises it doesn't control the litigation it funds, but a recent laws= uit accusing it of blocking a client from inking "reasonable" settlements r= aises questions about who really steers a lawsuit when an outside funder ge= ts involved.

Read full article »

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Daniels Visits Trump Investigators As Cohen Ends Testi= mony

=09

By Frank G. Runyeon and Rachel Scharf=

Stormy Daniels met Wednesday with = Manhattan prosecutors pursuing a possible indictment of Donald Trump over h= is alleged 2016 hush-money payments to the porn star, as the ex-president's= former lawyer Michael Cohen wrapped up his testimony to a grand jury weigh= ing the landmark charges.

Read full article »

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Judges' Trial Tips: Focus Exams And Don't Prove You're= A Fool

=09

By Dorothy Atkins

California federal judges offered = tips on best trial practices during the Western Alliance Bank Class Action = Law Forum on Wednesday, telling attorneys to keep their examinations "crisp= " and invoking Mark Twain's advice that "it is better to remain silent and = be thought a fool than to talk and remove all doubt."

Read full article »

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Defense Attys Should Fess To Corp. Client Errors, Judg= e Says

=09

By Dorothy Atkins

U.S. District Judge James Donato e= xpressed concerns during a class action law forum Wednesday about attorneys= spending excessive time and money arguing over class certification and exp= erts before trial, and recommended defense counsel be "proactive" in admitt= ing corporate missteps at the start of litigation.

Read full article »

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Absences Force Judiciary Panel To Delay Judge Votes

=09

By James Arkin

The Senate Judiciary Committee can= celed a meeting scheduled for Thursday because of attendance issues, pushin= g back the consideration of 10 judicial nominees, including a potential vot= e on controversial First Circuit pick Michael Delaney.

Read full article »

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Boies Schiller Name Partner And Antitrust Powerhouse D= ies

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By Tracey Read

Boies Schiller Flexner LLP is mour= ning the loss of its third name partner, prolific antitrust lawyer Donald F= lexner, who died this week at the age of 81 after a long illness.

Read full article »

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Twitter Wants Suit By Banned Anti-Kamala Harris Attys = Tossed

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By Aaron West

Twitter urged a Florida federal co= urt on Wednesday to toss a lawsuit two attorneys filed to have their banned= accounts reinstated, arguing the lawyers' claim that a tweet by CEO Elon M= usk promising amnesty to suspended accounts had changed the company's user = agreement was "misguided."

=20 2 documents attached |=20 Read full article »

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Ryder CLO Saw Compensation Rise To $3M In '22

=09

By Aaron West

The top attorney with trucking com= pany Ryder System Inc. saw his total compensation grow to nearly $3 million= in 2022, up from about $2.5 million the year before, according to proxy ma= terials filed by the company.

Read full article »

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Ex-HRC Pres Ousted For Aiding Cuomo Settles Bias Lawsu= it

=09

By Ryan Boysen

Alphonso David has settled his rac= ial discrimination lawsuit against the Human Rights Campaign, the LGBTQ adv= ocacy group David headed before it ousted him for helping ex-New York Gov. = Andrew M. Cuomo respond to sexual harassment allegations.

Read full article »

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<= img src=3D"https://sli.law360news.com/imp?s=3D734819&li=3D201&m=3Dd120cdb40= 65a859edc70326799a21fe8&p=3D188574" border=3D"0" width=3D"100%" style=3D"wi= dth: 100%; max-width:300px !important;margin-bottom:0;"/>

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COMPA= NIES IN TODAY'S NEWS

American Bar Association

Clayton Dubilier & Rice LLC

ConocoPhillips Co.

Delta Air Lines Inc.

Democratic National Committee

DuPont de Nemours Inc.

Duke Energy Corp.

EchoStar Corp.

Fordham University

Georgetown University

Google LLC

Hill-Rom Holdings Inc.

Hillenbrand, Inc.

Human Rights Campaign

Lawyers for Civil Justice

Meta Platforms Inc.

Natural Resources Defense Coun= cil

New York University

Ply Gem Holdings Inc.

Ryder System Inc.

SVB Financial Group

Samsung Electronics Co. Ltd.

Sierra Club

Sysco Corp.

Twitter Inc.

U.S. Chamber of Commerce

University of Iowa

Warner Bros. Discovery Inc.

Western Alliance Bancorporation<= /a>


<= img src=3D"https://sli.law360news.com/imp?s=3D734824&li=3D201&m=3Dd120cdb40= 65a859edc70326799a21fe8&p=3D188574" border=3D"0"/>

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LAW = FIRMS IN TODAY'S NEWS

Brewster & De Angelis

Steptoe & Johnson LLP

GOVE= RNMENT AGENCIES IN TODAY'S NEWS

Bureau of Industry and Security

Bureau of Land Management

Delaware Court of Chancery

European Union

Federal Bureau of Investigation

Federal Deposit Insurance Corp.

Federal Reserve System

Federal Trade Commission

International Chamber of Commer= ce

New York Attorney General'= s Office

Office of Foreign Assets Control=

Pennsylvania Department= of Transportation

Sault Ste. Marie Tribe = of Chippewa Indians

U.S. Court of Appeal= s for the Federal Circuit

U.S. Court of Appeals = for the Sixth Circuit

U.S. Department of Commerce

U.S. Department of Justice

U.S. Department of the Interior

U.S. Department of the Treasury

U.S. District Court= for the District of Alaska

U.S. District Cour= t for the District of Arizona

U.S. District Cou= rt for the District of Columbia

U.S. D= istrict Court for the Northern District of California

U.S. Dis= trict Court for the Northern District of Illinois

U.S. Dist= rict Court for the Southern District of Florida

U.S. Dis= trict Court for the Southern District of New York

U.S. Dist= rict Court for the Western District of Virginia

U.S. Securities and Excha= nge Commission

U.S. Supreme Court

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<= img src=3D"https://sli.law360news.com/imp?s=3D125920709&li=3D201&m=3Dd120cd= b4065a859edc70326799a21fe8&p=3D188574" width=3D"2" height=3D"6" border=3D"0= " />

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