Welcome to your Wednesday morning round-up of stories in today’s edition of The Legal Intelligencer. All of the links below will take you directly to today’s stories, or you can head straight over to The Legal’s homepage. (Some stories may require registration or a paid subscription.)
The top story this morning is a $90.3 million future damages award being vacated in a coal mining contract dispute because the trial judge calculated the damages based upon the market price of coal from when the case went to trial. As reporter Amaris Elliott-Engel writes, a three-judge Superior Court panel said the damages should be based upon the market price when the aggrieved party learned of the repudiation, which should have been when the plaintiffs learned the contract was going to be repudiated, rather than the day of trial.
Also above the fold on Page 1, reporter Saranac Hale Spencer writes that Fannie Mae and Freddie Mac have been sued by Delaware County, on behalf of all 67 counties in the state, claiming that neither has paid real property transfer taxes to the counties.
Below the fold on Page 1, reporter Zack Needles writes that five lawyers have left Nelson Levine de Luca & Hamilton to form their own insurance and liability defense boutique. Former partners William F. Stewart, Cynthia L. Bernstiel and Cathleen Kelly Rebar have opened Bernstiel Rebar, with offices in Blue Bell, Pa., Princeton, N.J., and New York City.
In this week’s GC Mid-Atlantic column on Page 5, Aaron L. Peskin writes about predictive coding and the impact it can have on the discovery process.
In a Business of Law column on Page 7, Debra L. Bruce writes about how systematizing can help optimize your legal practice.
If you have questions or comments about any of today's stories, or our coverage as a whole, we invite you to e-mail any of the reporters directly. We hope you'll enjoy today's Legal.