Thursday, August 04, 2011

Seventh Circuit -- Dynegy Marketing and v. Multiut Cor

Dynegy Marketing v. Multiut Corp.

Merely naming an amount for counterclaim damages insufficient after several motions to compel - underlying rationale must be shown.

Without specific agreement, vague, general understanding of MFN pricing is not a contract.

"We'll work on it" does not create a contract for lock-in pricing.

Not invoicing interest payments does not create a contract that interest will not be paid.

Alleged manipulation of gas price indices does not vitiate damages claim.

Signatories personally liable as third-party guarantors despite partial noncompliance of coparties.

Where one party later does a deal with a competitor of a company with which it had a confidentiality agreement, breach of the CA may be too speculative for even the inevitable disclosure doctrine to apply.

No proof of ultimate harm in Robinson-Patman Act challenge.
Compiled by D.E. Frydrychowski, who is, not incidentally, not giving you legal advice.

Category tags above are sporadically maintained Do not rely. Do not rely. Do not rely.

Author's SSRN page here.