MvuInvestors Appeal Loss To GE In Patent Deal Suit

By Richard Vanderford

Law360, New York (November 20, 2009, 2:15 PM ET) -- MvuInvestors LLC has appealed its recent loss to General Electric Co. unit GE Healthcare in their dispute over GE’s aborted deal to acquire Mvu’s MRI technology.

Mvu has asked the U.S. Court of Appeals for the Ninth Circuit to hear its case, it said in a notice of appeal filed Thursday in the U.S. District Court for the Central District of California.

The two companies have been litigating since November 2008, after GE declined to pursue a purported oral bargain.

A GE representative allegedly promised that...
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