Phoenix Payment Systems Inc. told a Delaware bankruptcy judge Thursday that a $10 million claim lodged by a rival card transaction company over old software code should be capped at $500,000, saying it should not be forced to set aside the full sum while litigation plays out.
The D.C. Circuit on Friday barred the Federal Communications Commission from requiring companies to disclose the details of their programming contracts in the agency's review of Comcast Corp.’s proposed merger with Time Warner Cable Inc. and AT&T’s pending deal for DirecTV.
Three bills filed Friday in the Florida Senate for its 2015 session take aim at reducing taxes levied on communications services and corporate income and rents, initiatives state lawmakers rejected earlier this year.
Red Oak Partners LLC, a shareholder aiming to challenge UniTek Global Services Inc.'s prepackaged Chapter 11 plan, won access Friday to emails related to the bankrupt company's prepetition marketing but lost a bid to get additional documents from the telecommunications services contractor.
Google Inc. took a stab at a patent for transmitting and characterizing digital images, asking the Patent Trial and Appeal Board for an inter partes review of the patent just two months after the board rejected a similar petition by Facebook Inc., according to a filing entered on Friday.
A Michigan federal judge has ordered a new trial on damages in MSC Software Corp.'s case claiming former employees breached confidentiality agreements and misappropriated trade secrets when they left for rival Altair Engineering Inc., calling MSC's $26.4 million damages win “excessive.”
Chinese e-commerce giant Alibaba Group Holding Ltd. sold $8 billion in debt Thursday in six tranches, tapping the public markets roughly two months after its record-breaking $25 billion U.S. initial public offering.
Luxury goods group Richemont may float its online retailer, while California-based software company Jasper Technologies is working with bankers on a roughly $150 million IPO.
An inspection equipment company on Thursday filed a petition seeking an America Invents Act review of a Westinghouse Electric Co. LLC data analysis patent, marking its second attempt this year after the Patent Trial and Appeal Board rejected the original petition as too complicated to evaluate in the statutory timeframe.
A former Busybox.net attorney on Wednesday asked the U.S. Supreme Court to review a Fourth Circuit decision in his fraud case that he says would unsettle securities markets and expand the definition of primary liability in both criminal cases and securities enforcement actions.
Telecom Italia SpA may have found a buyer for mobile phone towers operated by its Brazilian unit, while Texas-based Sysco Corp. is on the verge of divesting some assets to a Blackstone Group LP-backed food company to clear way for its $3.5 billion purchase of rival US Foods Inc.
Perkins Coie LLP has hired from Fish & Richardson LLP a former United States Coast Guard engineer and co-founder of a mobile phone start up as an intellectual property partner in its New York office.
A federal judge wrongly dismissed a putative class action against Yahoo Inc. after concluding that unsolicited text messages sent to a Philadelphia man could not be counted as a computerized, unsolicited phone call under the Telephone Consumer Protection Act, a Third Circuit panel heard during oral arguments Friday.
A European technology industry group, with members including Google Inc. and Intel Corp., urged the newly installed European Union Trade Commissioner to use future Transatlantic Trade and Investment Partnership and other international negotiations to knock down protectionist rules, including mandatory data localization.
A New York federal judge on Friday granted final approval to Apple Inc.’s $450 million settlement with consumers over claims it conspired with publishers to raise e-book prices, a deal that includes a $30 million award for the plaintiffs’ lawyers.
A New York federal jury on Friday found a former Longtop Financial Technologies Ltd. executive liable for recklessly making misstatements about the Chinese software company’s financial health, marking a victory for investors in a rare class action trial.
The U.S. Patent and Trademark Office will soon unveil revisions to its controversial guidelines for examiners on when inventions involving natural materials and computers are patent-eligible, a USPTO official said Thursday, predicting that the public will be "very happy" with the results.
An adviser to the European Union's highest court said Thursday that owners of standard-essential patents risk violating competition law unless they meet several conditions before seeking an injunction against accused infringers, in a closely watched case involving Huawei Technologies Co. Ltd and ZTE Corp.
In a rare move, the Federal Circuit on Thursday ordered a lower court infringement suit over sales transaction patents stayed pending an America Invents Act review, ruling that stays can be warranted even when a covered business method proceeding does not address all asserted patents, claims or invalidity defenses.
Rockstar Consortium LP has reached deals with Google Inc., Time Warner Cable Inc. and Cisco Systems Inc. in several lawsuits it and its units brought alleging infringement of several patents it acquired in 2011, with Cisco paying $188 million to end its part in the litigation.
If you are a drone manufacturer, operator or enthusiast in California, you will want to know what’s going on in your city because, in the absence of federal and state law, city governments have taken notice of drone use and are starting to take action. 2015 will be an interesting year for drone law, says Steven Miller of Hanson Bridgett LLP.
Despite the significant tilt toward technology in how litigation is now conducted, many senior lawyers still delegate tech-related issues to e-discovery specialists or associates at their firms. This is a missed opportunity not just for client development, but also for shaping the way the firm and lawyer are seen in the eyes of corporate counsel, says legal industry business development specialist Jenn Topper.
In Liu v. Siemens, the Second Circuit upheld a ruling from the Southern District of New York, concluding that Congress did not envision the Dodd-Frank Act protecting foreign whistleblowers. Neither Liu court, however, attempted to reconcile this conclusion with the fact that Dodd-Frank governs violations of the Foreign Corrupt Practices Act — a definitively extraterritorial law, say Matthew Edling and Ben Fuchs of Cotchett Pitre & McCarthy LLP.
The recent settlement between the U.S. Department of Commerce’s Bureau of Industry and Security and Wind River Systems Inc., a subsidiary of Intel Corp., may indicate that BIS is tightening the reins on encryption exports. It is also a cautionary tale for companies engaging in mergers and acquisitions with exporters of software products containing encryption, say Grayson Yeargin and Emily Crandall Harlan of Nixon Peabody LLP.
Our estimates indicate that some law firms spend up to $8,000 per attorney each year on print-related costs. Although we live in a digital world, hard copy printing will remain an important part of business for years to come. Changing technology, however, offers opportunities to improve efficiencies and save money, say Senthil Rajakrishnan and Ryan Mittman of HBR Consulting LLC.
For parties that are litigating in the U.S. International Trade Commission under Section 337, the existence of a co-pending inter partes review proceeding can give rise to competing timelines, and potentially conflicting outcomes, with a variety of strategic consequences, say James Dowd and Jacob Oyloe of WilmerHale.
Unless the recent ruling in the Dewey & LeBoeuf LLP bankruptcy case is overturned on appeal or the New York Legislature amends the state’s fraudulent transfer and partnership laws, partners of New York firms will bear greater risk if their firms fail than will members of many non-New York partnerships. This risk factor might even affect decisions by prospective lateral partners about which firms to join, say attorneys with Arnold & Porter LLP.
That Google Inc.’s own executives argue that its control of user data has helped create a self-reinforcing circle that has strengthened its dominance should encourage the European Commission to investigate and limit how Google uses its control of user data to create and extend market power, says Nathan Newman, a research fellow at the New York University Information Law Institute.
The common denominator of most of the recent high-profile breaches is that they are retail businesses that accept credit cards. Accordingly, as recent guidance from the Payment Card Industry Security Standards Council reminds us, companies that process credit cards should be scrutinizing vendors’ security practices as closely as they review and manage their own practices, says Gregory Stein of Ulmer & Berne LLP.
The risky, complicated and volatile Bitcoin is slipping in terms of value, total usage and growth. This will result in some businesses eliminating their Bitcoin payment option. In other words, they will fuel the cryptocurrency’s attrition rate — and the likely decline of all things Bitcoin, says financial analyst Peter Leeds.