ContractsProf Blog

Editor: Myanna Dellinger
University of South Dakota School of Law

Thursday, March 3, 2005

News in brief

The Supreme Court rules 9-0 that the federal governmet must pay the Cherokee Nation $8.5 million for breaching its health services contract with the group.

The Chicago Mercantile Exchange has announced plans to launch its first ethanol futures contracts on March 29.

Singapore is putting off its decision on who it will buy 20 new fighter jets (worth about $1 billion) while three bidders battle it out.

Major oil companies are threatening to stop investment in Nigeria if the government goes forward with planned tax changes, saying that it breaches promises made to them.

Dell Computer is nearing completion on a deal to build a new $100 million plant in Forsythe County, North Carolina; it appears to call for government entities to kick in $22 million up front and to give another $16 million or so in tax abatements.

Japan's All Nippon Airways inks a $1 billion deal for aircraft engines with Britain's Rolls Royce.

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