You Makes Your Choice And Takes Your Chances
Client Alert | less than 1 min read | 05.30.06
The Federal Circuit in the Winstar -related case of Old Stone Corp. v. U.S. (May 25, 2006) struck down a $118 million restitutionary damages award to the bank, explaining that, because the bank decided to continue operating after the breach occurred, attempting to make a go of it despite the government's breach, it had waived its right to declare a "total breach" and collect restitutionary damages to put it back in the pre-contracting situation when it went under several years later. On the other hand, foreseeable damages directly related to mitigating the effects of the breach, in this case $74.5 million, were available, and that part of the judgment was affirmed.
Insights
Client Alert | 2 min read | 03.11.26
On March 3, 2026, a bipartisan coalition of state attorneys general and state charity regulators (the “States”) sent a letter[1]to GoFundMe expressing their concerns about GoFundMe's creation of donation web pages for more than 1.4 million charities without their prior knowledge or consent.
Client Alert | 3 min read | 03.11.26
Civil Litigation as a First-Response Strategy: The UK Government's Fraud Strategy 2026–2029
Client Alert | 5 min read | 03.11.26
CJEU Sets the Bar Low for Evidence Disclosure in Competition Damages Litigation
Client Alert | 6 min read | 03.11.26
