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The Supreme Court held that since prices were fixed, since price-fixing is per se illegal under the Sherman Act, and since no valid exemption from the Sherman Act could be shown, the minimum-fee schedule violates Section 1 of the Sherman Act. The Circuit Court judgment was reversed, and the case was remanded to District court to determine the ...
The ACCC alleged that between 2001 and 2006, Korean Air entered into arrangements or understandings with other international air cargo carriers that had the purpose or effect of fixing the price of a fuel surcharge, a security surcharge and a customs fee that were applied to air cargo carried by Korean Air and other airlines.
According to the PMBOK (7th edition) by the Project Management Institute (PMI), Fixed Price Incentive Fee Contract (FPIF) is a "type of contract where the buyer pays the seller a set amount (as defined by the contract), and the seller can earn an additional amount if the seller meets the defined performance criteria".
Michael Cuddy's $113,500 bill submitted to the court for his services was halved by a judge who deemed charging $550 per hour based on a generative AI tool as unwise.
In March 2024, a settlement in the injunctive relief portion of the payment card interchange fee case was announced to reduce what are known as "swipe fees" for merchants in the U.S. This change, set to last five years, was expected to save retailers about $30 billion and mark the end of a long-standing legal battle over antitrust issues ...
Several states also have exceptions to the American rule in both statutes and case law. For example, in California, the Consumers Legal Remedies Act allows plaintiffs to recover attorney's fees, [7] and in insurance bad faith cases, a policyholder may be able to recover attorney's fees as a separate component of damages. [8]
The lawsuit deals with the CFPB's new regulations over credit card late fees, where the average late fee of a customer would be capped at $8, down from the average late fee of $32. The major ...
Cost plus a fixed-fee (CPFF) contracts pay costs plus a pre-determined fee that was agreed upon at the time of contract formation. Cost-plus-incentive fee ( CPIF ) contracts have a larger fee awarded for contracts which meet or exceed certain performance goals, for example being on schedule and any cost savings.