SimpleAir Approaches Deal With Yahoo, MySpace

Law360, New York (August 22, 2008, 12:00 AM EDT) -- SimpleAir Holdings Inc. has asked to put its lawsuit over network messaging patents against MySpace Inc. and Yahoo Inc. on hold, saying that the companies are close to settling their dispute.

“The parties have reached a tentative settlement and are currently negotiating final settlement documents,” the companies said in a joint motion filed Thursday in the U.S. District Court for the Eastern District of Texas. “Accordingly, the parties respectfully request that this court stay this case until settlement documents can be executed and a motion and...
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