Sealed Order Spares Daewoo $8M Damages Tab

Law360, New York (July 22, 2008, 12:00 AM EDT) -- Daewoo Electronics Corp. has been handed a summary judgment win in Funai Electric Co. Ltd.'s patent suit against it over VCR technology.

On Tuesday, a sealed order granted Daewoo's summary judgment motion and held that Daewoo isn't liable for an $8 million default judgment against two former Daewoo entities.

U.S. Magistrate Judge Joseph C. Spero signed off on the order and mandated that his ruling on summary judgment motions over successor liability be kept under seal for 10 days to give the parties the chance to...
To view the full article, register now.