News and Events for Attorneys and Executives

Commercial

Jay Peak Resort Receiver Reaches $150 Million Settlement with Raymond James

News
Michael I. Goldberg, the SEC appointed receiver in charge of the Jay Peak Resort and Burke Mountain Hotel in Vermont, reached a settlement agreement with Raymond James that will significantly benefit the defrauded investors and creditors of the receivership estate.

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Clear Arbitration Provision Deemed Enforceable

Insight
In his Petes’ Take blog for Porzio, Bromberg & Newman, Peter J. Gallagher describes a New Jersey case in which a court ruled that a clear arbitration provision, negotiated by a sophisticated party while represented by counsel, is enforceable.

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5th Circuit: Unpatented Products Can Be Given Patent-Like Protections by Contract

5th Circuit: Unpatented Products Can Be Given Patent-Like Protections by Contract

Insight
The decision has significant and potentially far-reaching impacts for companies who seek to protect their product designs.

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Is American Retail at a Historic Tipping Point?

Is American Retail at a Historic Tipping Point?

News
The shift to e-commerce has been building gradually for years. But economists, retail workers and real estate investors say it appears that it has sped up in recent months, according to The New York Times.

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Health Law: Is Your Arbitration Agreement Enforceable?

Insight
A recent decision of the Arizona Court of Appeals provides guidance for evaluation of the enforceability of arbitration agreements in the health care field, reports Snell & Wilmer in its Health Law Checkup blog.

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Standard Contract Terms in the ‘Widgetal’ Age

Standard Contract Terms in the ‘Widgetal’ Age

Insight
A company that now uses an online portal or provides other electronic access to counterparties should update its trusty standard contract terms, advises Morgan Lewis.

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Dewey’s Former GC on the Crisis at United Airlines

News
Bloomberg Law asked a former GC with experience in crises to explain the likely legal ramifications of United Airlines’ botched handling of an overbooked flight and what the company may do to mitigate the fallout.

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Trump Loses Suit Over Unpaid Bill: $32K Debt Costs Him $315K

News
A Florida appellate court rejected Trump National Doral’s attempt to get out of paying a Miami paint store chain over $315,000 — based on an unpaid bill for $32,535, reports The Miami Herald.

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Deal Protections and Remedies: A Study of Public Merger Agreements in 2016

Event, April 26, 1 p.m. EDT
Practical Law will discuss the survey results in a complimentary 60-minute webinar scheduled for April 26 at 1 p.m. EDT.

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United Airlines Faces Rough Landing in Court If Passenger Sues

News
United CEO Oscar Munoz may have shot the company in the foot when he told the airline’s employees on Monday that they “followed established procedures,” according to The Boston Herald.

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Trump’s Trademark Continues Its March Across the Globe, Raising Eyebrows

News
This business enterprise poses legal and moral perils to the president, even though that business now is run by his two sons.

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On Trial for Bribery, Samsung Boss Lets Lawyers Do the Talking

On Trial for Bribery, Samsung Boss Lets Lawyers Do the Talking

News
The third-generation leader of South Korea’s top conglomerate was mostly silent at his first court appearance in what has been called the “trial of the century,” as his lawyers labored to portray him as an innocent bystander in a graft scandal, reports Reuters.

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Who Should Be Smart About Smart Contracts?

Insight
Smart contracts are digitally signed promises, which are executed automatically by software code built on blockchain technology. But what are the features of smart contracts that make them more suitable to some sectors than others?

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Gardere Launches Legal Incubator to Provide Counsel for Emerging Businesses

Gardere Launches Legal Incubator to Provide Counsel for Emerging Businesses

News
The program includes participation from lawyers across multiple specialty areas, including intellectual property, labor and employment, tax and corporate, and provides startups access to seasoned legal counsel at a price that is scaled based on growth.

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Class Actions: Lawyers Get Thousands, Plaintiffs Get Pennies and Pastries

Class Actions: Lawyers Get Thousands, Plaintiffs Get Pennies and Pastries

News
Members in two class actions involving social media apps and doughnuts won’t be doing as well as the lawyers who represented them.

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Connected Product Intensive: Regulatory Compliance and Risk Management Roundtable

Connected Product Intensive: Regulatory Compliance and Risk Management Roundtable

Event, May 2-3, 2017, San Francisco
Keller and Heckman will produce a new seminar, “The Connected Product Intensive: A Framework for Regulatory Compliance and Risk Management,” May 2-3, 2017 in San Francisco, CA.

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Thousands of Trump University Students Sign Up for Hefty Refunds

Thousands of Trump University Students Sign Up for Hefty Refunds

News
Plaintiffs claimed the university made false promises of riches and instant success. Trump fought the allegations for years but finally agreed to the deal, Bloomberg Law reports.

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Court: Arbitration Agreement Included In Product Manual Is Unenforceable

Insight
A recent ruling in a federal count stated that a contractual term, like an arbitration clause, is binding only when the terms are reasonably conspicuous, rather than in a manner that de-emphasizes its provisions.

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Contracting Strategies Can Help Navigate Changing Environments

Contracting Strategies Can Help Navigate Changing Environments

Insight
Regardless of the flavor of the technology being used, it can be very helpful to look to the contracting strategy that is required to meet the business objective, write Edward J. Hansen and Eric J. Pennesi of Morgan Lewis.

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Madden Remand Muddles Contract Law: SDNY Decision or Sign of National Trend?

Insight
Madden is the latest decision to look past the contractual agreement of the parties to apply state usury and other consumer protection requirements to consumer credit and collections activity, according to an article published by Paul Hastings LLP.

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