An online travel agency has sued eight major hotel chains claiming an agreement to suspend competitive bidding on each other’s branded online search terms damaged its business. It’s a complex allegation of anticompetitive behavior and Lawbook litigation writer Natalie Posgate explains it.
Dispute Involving Apache to Continue in Arbitration, Appeals Court Rules
An appellate court ruled Thursday that the arbitrability of a $15 million legal dispute between Houston-based Apache Corp. and Fort Worth-based Wagner Oil Company will have to be debated in front of an arbitrator in Houston, not a trial court in Fort Worth as WOC had hoped.
Commercial Litigation Funder with Houston Office Launches $500 Million Fund
IMF Bentham Limited, the parent company of U.S.-based commercial litigation funder Bentham IMF, announced on Friday the launch of a new $500 million fund focused on U.S. litigation finance investments.
Judge Reopens Forest Park Bankruptcy to Investigate Contempt of Party
It started with a Chapter 11 bankruptcy tied to an Austin affiliate of the Forest Park hospital. It ended with a revelation in a separate case in Dallas of multiple potentially illegal transfers of millions of dollars during the bankruptcy proceeding. The bankruptcy case has now reopened to determine whether a Dallas private equity manager, the recipient of these millions, should be held in contempt and hit with six-figure sanctions. The Lawbook has the story.
Top Texas Biz Litigation Concerns: Cybersecurity, Contract Conflicts & Employment Disputes
Texas-based companies are facing fewer and fewer lawsuits and the lawsuits they are facing are costing them less, according to a new survey of corporate general counsel by Norton Rose Fulbright. But corporate in-house counsel in the state are increasingly worried about cybersecurity attacks and data breaches. The Texas Lawbook has the details.