GE Betz, Inc. v. Zee Company, Inc., 2013 WL 1846541 (7th Cir. 2013) examines Federal jurisdiction and removal practice and how those rules impact creditors’ rights in post-judgment proceedings. Facts and Procedural History: Plaintiff obtained a multi-million dollar judgment in North Carolina state court against Defendant. The defendant then secretly transferred several million dollars …
Category Archives: Federal Courts
Seventh Circuit Upholds Limitation of Liability Clause in Construction Contract
In Sams Hotel Group, LLC v. Environs, Inc., 2013 WL 2402824, the Seventh Circuit upheld an Indiana district court’s validation of a contractual limitation of liability clause against a hotel developer. In its ruling, the Court examined some recurring commercial litigation issues including the economic loss rule, and the standards that govern contractual indemnification and limitation of liability clauses. …
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