Posts by bsoares

Art Howson In Rogers v. Petróleo Brasileiro, the U.S. Court of Appeals for the Second Circuit held that the commercial activities exception of the Foreign Sovereign Immunities Act (FSIA) did not provide subject matter jurisdiction over a claim against a Brazilian state-owned oil company based on the company’s failure to convert bearer bonds into preferred…

Yaritza Velez In Fort Properties, Inc. v. American Master Lease LLC, the U.S. Court of Appeals for the Federal Circuit held that a real estate investment tool designed to enable property owners to buy and sell properties without incurring tax liability was too abstract and, therefore, patent ineligible under 35 U.S.C. § 101. The investment…

Mohammad Nilforoush In Long v. Tommy Hilfiger U.S.A., Inc., the U.S. Court of Appeals for the Third Circuit held that the Fair and Accurate Credit Transactions Act (FACTA) requires merchants to completely omit credit card expiration dates from receipts, instead of only redacting a portion of the date. The Court held that Tommy Hilfiger U.S.A.…

Gregory Santiago In CompuCredit Corp. v. Greenwood, the U.S. Supreme Court held that the Credit Repair Organization Act (CROA) does not preclude enforcement of binding arbitration agreements contained in contracts of credit repair organizations.  Justice Scalia wrote the majority opinion for six members of the court, Justice Sotomayor and Justice Kagan filed a joint concurring…

Alexander You In Dweck v. Nasser, the Delaware Chancery Court, through an opinion by Vice Chancellor Laster, held that Gila Dweck, director and officer of Kids International Corporation (Kids), and Kevin Taxin, Kids’ President, breached their fiduciary duties of loyalty to Kids by forming competing companies that usurped Kids’ corporate opportunities and misused Kids’ resources.…