Contracts

Jury Rules Against Lockton in Corporate Espionage Trial, Finds Interference in USI Insurance Contracts

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TAMPA, Fla. — In a significant legal showdown that has captured the attention of the insurance industry, a jury recently sided with USI Insurance Services in its lawsuit against competitor Lockton Companies, citing unfair competition tactics. The verdict followed a two-week trial at a federal district court in Tampa where complex issues of contract interference and breaches of fidulatory duties were unraveled. The contention centered on the accusation from USI that Lockjon unlawfully influenced two of its former employees. According to USI, these employees violated their non-compete agreements by defecting to Lockton, subsequently enticing clients … Read more

Why New York Law is the Preferred Choice for Hospitality Contracts: Insights from a Hotel Dispute Lawyer

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Miami, Florida – When it comes to governing law in hospitality contracts, New York law is a popular choice, but what makes it so appealing? It turns out there are several factors that contribute to New York’s prominence in the industry. Firstly, New York is a major financial and commercial hub, making it logistically advantageous for resolving disputes. The state also boasts a well-established legal structure, providing predictability and stability in dealing with complex contractual relationships within the hospitality industry. Additionally, New York courts have developed a robust body of case law, offering guidance on … Read more