Wellogix, BP Unit Settle Suit Over Software Theft

Law360, New York (June 09, 2011, 7:55 PM ET) -- Wellogix Inc. on Thursday settled a three-year-old Texas lawsuit it brought against BP PLC's American arm, which allegedly broke a deal to use Wellogix's accounting software and stole its computer code.

U.S. District Judge Keith P. Ellison, who had acted as arbitrator in the case, issued an order ending the litigation. Wellogix had claimed that BP and consulting company Accenture LLP gained access to Wellogix code by promising it a role in building a complicated BP procurement system, but then ultimately cut Wellogix out of the...
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