ESPN, based out of Bristol, Connecticut, had been sued on a number of claims by Dish Network Corp. concerning a business contract dispute. Dish claimed that ESPN violated a most-favored-nation clause that was contained in the contract. This clause supposedly meant that ESPN was obligated to provide Dish the same terms that it offered any competitor regarding its sports programming contract.
The length of a contract with the Bank of America had become an issue of contention for the city of Hartford. Though Hartford's mayor wanted to commit to a 3 year contract with Bank of America, city council members opposed any contract with the bank that would exceed more than one year.
A company hired to provide electrical supplies for a particular Connecticut city street project has sued a contracting corporation for $323,000. The project involving improvements to sidewalks, parking areas, landscaping and streets has reportedly been put on hold due to delays by this contracting firm.
Oakley, Inc., a sports apparel and eyewear and apparel maker that sells products throughout the U.S., currently has an endorsement agreement in place with the No. 1-ranked golfer, Rory McIlroy. This contract apparently covers eyewear and apparel, giving Oakley the exclusive right to McIlroy's advertising endorsements.
We often talk about how complicated business law can be, especially when it comes to two companies disputing intellectual property or rightful claims to a lucrative contract.
There is supposed to be trust and a growing relationship between two companies when they enter into a mutually beneficial contract.
The artist simply known as Dev is suing her record label, Indie-Pop LLC, because of an "onerous, one-sided agreement" between the two parties that breached fiduciary duty, according to her lawsuit, and basically amounted to fraud.