Viacom Can't Make 'Rock Band' Co. Investors Cover IP Suits

Law360, Wilmington (October 08, 2013, 8:49 PM ET) -- Delaware's Supreme Court on Monday rejected a bid by Viacom International Inc. that sought to have former shareholders of Harmonix Music Systems Inc. — the “Rock Band” video game developer Viacom bought in 2006 — pay defense costs for post-merger intellectual property suits.

The five-judge panel denied Viacom's appeal of a Chancery Court ruling that said the media giant was not entitled to defense costs under the Harmonix merger agreement, and also rejected the shareholders' appeal of a decision that tossed one of the three claims...
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