Quantcast
Home / Opinion Digests / Business Law (page 15)

Business Law

Sureties Can Collect on Indemnity Contract (access required)

Plaintiffs, sureties that issued numerous construction payment and performance bonds and are suing debtor Truland Entities to enforce collateral security and indemnification provisions in their Indemnity Agreements, win a summary judgment award of $16,790,728.42 in this decision by the Alexandria ...

Read More »

No False Ad Claim for ‘Bonded Leather’ Ads (access required)

Defendants, a furniture manufacture, a leather industry trade association and its laboratory and lab director, win summary judgment in a false advertising suit filed by a furniture covering designer that alleged defendants’ advertisements and statements referencing a “bonded leather” product ...

Read More »

Bieber Faces Revived Copyright Suit (access required)

A Virginia-based R&B singer/songwriter “DeRico” gets another chance to make his copyright infringement case against Usher and Justin Bieber who recorded several versions of plaintiff’s “Somebody to Love” song; the 4th Circuit reverses dismissal of the songwriters’ suit, saying a ...

Read More »

$9.4M for Merger Agreement Breach (access required)

In aircraft manufacturer Airbus Americas’ suit demanding indemnification for defendant Metron’s alleged breaches of contract related to Airbus’ acquisition of Metron Holdings in 2011, a Fairfax Circuit Court awards Airbus $9.4 million in damages. Defendants include Shareholder Representative Services LLC, ...

Read More »