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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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