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Business Law

Default Judgment Not Barred by Statute of Frauds (access required)

A Norfolk U.S. District Court enters default judgment for plaintiff diving company in its suit on a maritime contract alleging defendant demolition company failed to pay for plaintiff’s diving services in a salvage operation for the barge Becky Thatcher; the ...

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Sales, Cost Data Are ‘Attorneys’ Eyes Only’ (access required)

In this patent litigation between two competing manufacturers of crossbows, a Harrisonburg U.S. District Court Magistrate Judge says the parties must stick to their previously-agreed upon terms for a protective order, and “macro-level” cost and sales information for defendant should ...

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Note Bans ‘Offset,’ Allows ‘Recoupment’ (access required)

In determining a buyer’s final payment under an agreement to buy plaintiff’s Harley Davidson dealership, a Richmond U.S. District Court says defendant buyer is entitled to recoupment that will reduce the purchase amount, even though the subject promissory note states ...

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Exec Sues for Retaliation for Wife’s Lawsuit (access required)

The former CEO of a waste-container manufacturer has a claim for tortious interference with a contract expectancy against defendant waste collection company and its senior vice president, based on allegations that defendants forced plaintiff to resign as CEO by withholding ...

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Discovery Ordered in Proposed Merger Challenge (access required)

In plaintiff shareholder’s suit alleging defendants violated federal securities law by providing false, misleading and incomplete information in a proxy statement, and given the imminent shareholder vote on a proposed merger, the Richmond U.S. District Court will lift the discovery ...

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Computer Fraud Claims Split in Federal, State Courts (access required)

In plaintiff software company’s suit against a competitor who allegedly decrypted former customer passwords to gain access to plaintiff’s confidential trade secrets, the Alexandria U.S. District Court says plaintiff’s state law claims for false pretenses and encryption are not preempted ...

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