1. Home
  2. |Insights
  3. |Federal Circuit Mandates Full Lost Profits Award for Breach

Federal Circuit Mandates Full Lost Profits Award for Breach

Client Alert | less than 1 min read | 09.19.13

In Rockies Express Pipeline LLC v. Salazar (Sept. 13, 2013), the Federal Circuit confirmed that, by backing out of its agreement to take for ten years a certain percentage volume of a pipeline to be constructed in part on federal land, Interior materially breached. The CBCA had cut off the duration of the pipeline's lost profits remedy, but the circuit court reversed because Interior could not limit its damages by its actions after the pipeline had canceled for breach.


Insights

Client Alert | 3 min read | 02.13.26

Recent Developments in U.S. Merger Enforcement: HSR Rule Overturned and Leadership Changes at DOJ Antitrust Division

In October 2024, the FTC adopted a final rule that substantially modified the HSR form, requiring new categories of information and documents. The final rule was the most significant overhaul of the HSR premerger notification requirements in decades. The new requirements imposed additional time and expense on merging parties, with the FTC estimating that the new form would likely take triple the amount of time to complete than the previous form. Numerous groups, including the U.S. Chamber of Commerce, sued to challenge the rule....