Office Depot, Travelers Settle IP Coverage Dispute

Law360, New York (January 20, 2012, 5:43 PM EST) -- Office Depot Inc. and two Travelers Cos. Inc. members told a Florida federal court Thursday they had worked out a deal to end Office Depot's lawsuit seeking coverage of seven suits claiming the company infringed online marketing technology patents.

Office Depot and defendants United States Fidelity and Guaranty Co. and Discover Property and Casualty Insurance Co. asked the court to dismiss with prejudice two breach of contract claims and dismiss without prejudice the five remaining claims, which seek declaratory judgments that the insurers should cover legal...
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