5th Circ. Reinstates Arbitration Award In Video Game IP Suit

Law360, Dallas (April 10, 2013, 9:54 PM EDT) -- The Fifth Circuit on Tuesday reinstated an arbitration award giving videogame publisher Southpeak Interactive Corp. a perpetual license to intellectual property for a game developed by its former partner, saying the license is proper because it furthers the essence of their publishing agreement.

Reversing a Texas federal court’s decision to vacate the arbitration award, the appeals panel said Southpeak can retain the rights to the game, “Section 8,” which was developed by TimeGate Studios Inc. under a publishing agreement between the companies. The Fifth Circuit said...
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