Overstock.com Settles Orion Patent Case

Law360, New York (July 14, 2008, 12:00 AM EDT) -- A federal judge has granted Orion IP LLC's motion to dismiss Overstock.com from an ongoing suit involving patents for online sales methods, making the online retailer the latest company to settle infringement allegations with Orion.

Following Orion's June 9 motion to dismiss the case with prejudice, U.S. District Judge Leonard Davis of the Eastern District of Texas on Friday ordered the dismissal pursuant to a patent license and settlement agreement dated June 26. The order also stipulates that each party will pay its own fees....
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