Contracts – Legal News Feed

Law360

Navigating NIL Deals: Why Parental Guidance and Legal Expertise Are Crucial for Student-Athletes

Pieter Gunst2 hours ago03 mins

As the name, image, and likeness (NIL) industry expands, student-athletes increasingly find themselves navigating complex financial landscapes. Though adept at leveraging social media and public personas to tap into lucrative opportunities, these young individuals remain susceptible to potential pitfalls, including exploitative contracts and deceptive practices. Experienced attorneys argue that despite their growing business acumen, their…

Law360

Clifford Chance Seeks Arbitration in Multi-Million Dollar Partner Pay Dispute, Reflecting Industry Trend

Pieter Gunst3 hours ago03 mins

In a notable development within the legal sector, Clifford Chance LLP is seeking to move a contentious partner pay dispute into arbitration. The case involves a claim by two former partners, who allege they are confronting a $6 million clawback demand. The firm has countered by suggesting that the ex-partners are engaging in “gamesmanship” by…

Law360

Rebel Creamery Seeks Chapter 11 Protection After Losing $24 Million Trademark Suit

Pieter Gunst5 hours ago03 mins

Rebel Creamery, a known player in the keto-friendly ice cream market, has filed for Chapter 11 bankruptcy protection in Utah. This development follows a significant financial setback from a trademark lawsuit brought by Van Leeuwen, a competing ice cream company. The legal dispute culminated in a $24 million judgment against Rebel Creamery, a financial blow…

Law360

Defense Department Expands Use of Flexible Contracts for Military Construction Projects

Pieter Gunst3 days ago04 mins

The U.S. Department of Defense (DoD) has traditionally utilized Other Transaction Agreements (OTAs) to expedite advancements in research, prototyping, and defense technology. With the enactment of the fiscal year 2026 National Defense Authorization Act (NDAA), this authority has been extended to encompass military construction (MILCON) and repair projects, marking a significant shift in defense procurement…

Law360

“Legal Battles Engage Sports, Politics, and Media: A Closer Look at London’s Dynamic Litigation Scene”

Pieter Gunst3 days ago02 mins

Recent developments in London’s legal scene have captured the attention of industry professionals, with cases spanning from sports to politics and media. A notable litigation involves newly signed Real Madrid footballer Yan Diomandé, who is embroiled in a legal dispute over his image rights. The issue centers on the terms under which his likeness can…

Law360

Federal Circuit Clarifies Patent Licensing: Key Takeaways for Legal Practitioners and Corporations

Pieter Gunst4 days ago03 mins

On May 19, the U.S. Court of Appeals for the Federal Circuit delivered a pivotal decision that sheds light on key aspects of patent licensing, particularly with regard to constitutional standing. The ruling, emerging from a dispute involving asphalt technology, offers valuable guidance for legal practitioners navigating the complexities of intellectual property agreements. These lessons…

Bloomberg Law

Paul Finkelstein Joins Nixon Peabody to Lead Entertainment Practice in Strategic Move

Pieter Gunst5 days ago03 mins

Renowned music attorney Paul Finkelstein has made a notable career move by joining Nixon Peabody LLP to lead their entertainment practice. His transition from prior engagements marks a significant step for the law firm as they bolster their capabilities in the entertainment industry. Finkelstein is recognized for his extensive experience in music law, providing legal…

Law360

Texas Law Firm’s Withdrawal from $150 Million Federal Immigration Contract Highlights Challenges in Public Sector Legal Engagements

Pieter Gunst6 days ago03 mins

A Texas law firm recently withdrew from a significant contract opportunity involving a $150 million award from the U.S. Department of Health and Human Services. The deal would have seen the firm providing legal services to unaccompanied migrant children in government custody, a crucial role given the persistent challenges in the U.S. immigration system. This…

Bloomberg Law

Texas Law Firm Reevaluates Involvement in Migrant Support Contract, Prompting Lawmaker Scrutiny and Calls for Transparency

Pieter Gunst6 days ago03 mins

In recent developments, a Texas-based law firm appears to be reconsidering its involvement in a migrant aid contract, a move that has attracted significant attention from both lawmakers and the public. This shift follows an award granted by the US Department of Health and Human Services (HHS) for a contract aimed at assisting migrant children….

Law360

HHS Denies Finalizing $150 Million Legal Aid Grant for Unaccompanied Migrant Children

Pieter Gunst6 days ago03 mins

The U.S. Department of Health and Human Services (HHS) clarified on Monday that it has not finalized an agreement with a Houston-based law firm for a substantial $150 million grant aimed at providing legal services to unaccompanied migrant children in government custody. Despite speculation, the HHS reiterated that the decision process is still underway, and…

Law.com

Strategic Choices and Critical Considerations in Office and Administrative Outsourcing Initiatives

Pieter Gunst6 days ago03 mins

The outsourcing of office and administrative services is expected to grow 50%-60% in the next five years, driven by corporations seeking cost efficiencies and operational scalability. However, the success of such engagements depends heavily on strategic decision-making beyond selecting the right provider. One of the most critical mistakes is outsourcing the wrong process under an…

Law360

Delaware Court’s Ruling Clarifies Insurance Coverage for Arbitration in Trade Secret Disputes

Pieter Gunst7 days ago03 mins

In a significant decision, the Delaware Superior Court has ruled that an excess insurer is obligated to provide up to $5 million in coverage for a financial services company’s arbitration. The case involved allegations that employees misappropriated trade secrets from their previous employer. The court concluded that the arbitration was not linked to any disputes…

Law360

Holland & Knight Expands into Alabama, Strengthening Grip on Growing Defense Industry

Pieter Gunst1 week ago03 mins

Holland & Knight LLP, a prominent Florida-based law firm, has expanded its reach by establishing a second office in Alabama. This strategic move underscores the firm’s commitment to bolstering its presence in the defense industry. By tapping into the region’s burgeoning aerospace and defense sectors, the firm aims to better serve its clients with tailored…

Bloomberg Law

Legal Services Shift: Weighing the Impact of Noncompeted Contracts on Market Dynamics

Pieter Gunst1 week ago03 mins

“`html Recent developments in the legal services sector signal a significant shift in contractor engagement, as noncompeted awards temporarily replace traditional competitive bidding processes. This move, reported by Bloomberg Law, highlights a changing landscape that could impact how large corporations and law firms obtain legal services. The rationale behind employing noncompeted awards, often referred to…

Law360

Corporate Contract Management: Navigating Responsibilities and Technology for Legal Teams

Pieter Gunst1 week ago02 mins

The management of contracts within corporations has become a perplexing issue for many legal teams. According to a recent report, legal professionals often find themselves uncertain about which unit is responsible for contract management. This lack of clarity can lead to inefficiencies and risks, particularly when it comes to compliance issues and contract enforcement. Numerous…

Ars Technica

GAO Report Uncovers Overstated Savings in Trump’s Department of Government Efficiency Initiative

Pieter Gunst1 week ago03 mins

The Department of Government Efficiency (DOGE), established under President Donald Trump’s administration and led by Elon Musk, has come under scrutiny following a report by the U.S. Government Accountability Office (GAO). The GAO’s findings indicate that a significant portion of DOGE’s claimed savings are either unverifiable or overstated. Launched with the ambitious goal of reducing…

Law360

Supreme Court Ruling in Trump v. Slaughter Could Alter Executive Power and Impact Qui Tam Actions

Pieter Gunst2 weeks ago04 mins

The U.S. Supreme Court’s recent decision in Trump v. Slaughter has introduced significant shifts in the interpretation of executive power, with potential implications for qui tam actions under the False Claims Act. The June 29 ruling determined that the Federal Trade Commission (FTC) exercises executive power and thus must be subject to presidential control, allowing…

Law.com

Agentic AI Revolutionizes Corporate Legal Departments, Streamlining Operations and Elevating Efficiency

Pieter Gunst2 weeks ago04 mins

The trajectory of artificial intelligence in the corporate legal sector is rapidly evolving beyond generative models to encompass what is now being recognized as agentic AI, a shift that holds transformative potential in the way legal departments operate. This evolution is gaining traction as companies seek to streamline operations and optimize workflows. Contract lifecycle management…

Bloomberg Law

US Court Awards $2.5 Million Legal Fees to Law Firms in Federal Contract Dispute

Pieter Gunst2 weeks ago02 mins

The US Court of Federal Claims has decided that three prominent law firms will receive up to $2.5 million from US agencies, as reimbursement for legal fees incurred during a protracted contract dispute. This financial compensation was ruled necessary following a drawn-out litigation process involving the handling of a federal contract. These payments come after…

Law360