ContractsProf Blog

Editor: D. A. Jeremy Telman
Valparaiso Univ. Law School

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Saturday, February 19, 2005

News in brief

The Shell-led Sakhalin Energy consortium has signed a 24-year contract with Tokyo Gas to supply supply 1.1 million tonnes of liquefied natural gas a year from the Russian Far East.

Thinking only of America's good, Connecticut's two senators introduce a bill to compel the Air Force to build its new helicopters . . . in Connecticut.

Weight Watchers International and ice-cream maker CoolBrands International have reached a settlement on their long-simmering contract dispute, agreeing that CoolBrands will stop making "Weight Watchers" and "Smart Ones" brand ice cream as of May 1.

St. Louis Symphony Orchestra musicians have decided not even to take a vote on what management called its "last, best and final" offer.

The Connecticut Ethics Commission has decided to release redacted copies of contracts between UConn basketball coaches and sneaker giant Nike, which detail the various obligations the state employees undertake toward the company.

A New York paper company signs a seven-year, $2 billion agreement with the Wendy's burger chain, and will expand a Tennessee facility to do the work.

A group of U.S. investors is seeking to enforce a $299 million Swiss breach of contract award in Singapore against Indonesia's giant Pertamina energy combine; the award arose out of a canceled geothermal project.

Singer/actress Madonna is suing her "long-time art consultant" for breach of contract over a painting that the consultant allegedly sold; she's seeking $265,000.

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