UPS, Brown Shoe Co. Exit Online Data Patent Suit

Law360, New York (September 20, 2011, 9:58 PM EDT) -- UPS Inc. and Brown Shoe Co. Inc. on Tuesday became the final two defendants to settle with intellectual property licensing company Webvention LLC in its wide-ranging lawsuit over a patent for online data organization.

Though the terms of the settlement were not released, both companies filed separate joint motions with Webvention asking a Texas federal court to dismiss all charges against them and all counterclaims asserted by UPS and Brown Shoe in light of an agreement between the parties.

Webvention filed the suit in July 2010,...
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