BofA, Countrywide Resolve Marketing Patent Claims

By Allison Grande

Law360, New York (February 09, 2010, 5:18 PM ET) -- Bank of America Corp. and its Countrywide Home Loans Inc. subsidiary have become the latest defendants to resolve claims brought by a pair of Arizona licensing companies in two separate suits accusing dozens of insurers and financial companies of infringing patents for automated financial services marketing programs.

Phoenix Licensing LLC and LPL Licensing LLC asked to drop Countrywide Home Loans and Countrywide Insurance Services Inc. from their 2007 suit over three patents in an agreed motion to dismiss with prejudice lodged Monday in the U.S. District...
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