contract dispute News

CIBC Ordered to Pay $848M Damages to Cerberus, Will Appeal

Canadian Imperial Bank of Commerce plans to appeal a New York judge’s order that it pay about $848 million in damages to private equity firm Cerberus Capital Management, in a contract dispute tied to the 2008 global financial crisis. In …

Weather Channel Says Public Safety at Heart of Contract Dispute

The Weather Channel asked its viewers Saturday to urge Congress to intervene in its business dispute with DirecTV, arguing that it can harm public safety if the satellite system pulls the network off the air for nearly 20 million viewers. …