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Panama Supreme Court rules 20-year concession for Canada copper mine unconstitutional

JURIST

The law would have created a new 20-year contract for First Quantum’s Cobre Panamá mine. This comes after the contract was thrown into jeopardy when Panama’s President Laurentino Cortizo announced last month that he would referendum to determine the fate of a contentious mining contract and placed a moratorium on new contracts.

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US Supreme Court says New Jersey can withdraw from Waterfront Commission

JURIST

The US Supreme Court Tuesday held that New Jersey may unilaterally withdraw from the Waterfront Commission Compact, an interstate compact between the two states created to fight crime in the Port of New York and New Jersey. New Jersey , a unanimous court found that interstate compacts are governed by the principles of contract law.

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Federal appeals court rules Seneca Nation owes New York State years of casino revenue sharing payments

JURIST

The district court confirmed the revenue sharing award in November 2019, finding the Seneca Nation did not show the Secretary’s approval governed the agreement and that the renewal was not an amendment to the compact requiring new approval in either case.

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Court rules against plaintiff seeking emotional distress damages for discrimination

SCOTUSBlog

Further, the court has analogized spending clause legislation to a contract and has held that funding recipients are on notice that they are subject to those remedies traditionally available in suits for breach of contract. In Thursday’s ruling in Cummings v. Check back soon for in-depth analysis of the opinion.

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Arguments Continue In Landmark Cryptocurrency Regulation Case SEC v. Ripple  

The Crime Report

Ripple Labs is whether or not XRP can be defined as a traditional “investment contract.” Supreme Court Precedent . The Supreme Court ruled in favor of the SEC, resulting in the “ Howey test,” still used today to determine whether a financial instrument can be considered an investment contract. Howey Co. .

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Justices mull availability of emotional distress damages in anti-discrimination cases

SCOTUSBlog

Specifically, funding recipients are on notice that they are subject to the remedies traditionally available in suits for breach of contract. Much of Tuesday’s argument thus centered on the question of how to determine whether emotional distress damages have historically been available in breach-of-contract disputes.

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Supreme Court limits homeowners’ ability to sue their lenders in tort

At the Lectern

.” The court settles a conflict in Court of Appeal case law and notes a similar divide in federal district court rulings. ” The court doesn’t consider whether a plaintiff might succeed in suing for negligent misrepresentation or promissory estoppel.

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