Sheppard Mullin To Auction Delinquent Ex-Client's Patents
By Daniel Siegal
Law360, Los Angeles (April 15, 2014, 9:46 PM EDT) -- A California judge on Tuesday approved Sheppard Mullin Richter & Hampton LLP's plan to auction off patents owned by ex-client Bluways Inc., which had failed to pay the firm $884,978 in fees per an agreement, acknowledging that the law firm hasn't found likely buyers and might have to purchase the patents itself.
During a motion hearing, Los Angeles Superior Court Judge James C. Chalfant said he was approving the law firm's motion to approve procedures for its sale of patents held by Bluways. Sheppard Mullin had...