One of the plaintiffs in the multidistrict litigation over Facebook Inc.’s historic $16 billion initial public offering who said his claims were squeezed out by the lead plaintiffs passed away back in November, according to court documents filed on Friday.
Alternative investment firm Harbert Management Corp. said Friday it raised €122 million ($133.1 million) for its first European private debt fund, below the €200 million originally targeted, seeking to jumpstart growth among small to medium-sized European technology business.
A California federal judge on Friday signed off on a joint stipulation by Apple Inc. and a Nevada company to render final judgment on four disputed cellular and voice recognition patents so their owner can appeal the decision more quickly.
The U.S. Patent and Trademark Office on Friday handed a win to auto parts maker Valeo North America Inc., finding that nearly all of the claims of the four Magna Electronics Inc. patents for rear-view cameras that Valeo was accused of infringing are invalid as obvious.
Parrot SA urged a Pennsylvania federal court Thursday to deny a bid by Drone Technologies Inc. for lump sum ongoing royalties of more than $17 million in a case accusing it of infringing two drone technology patents, saying the court cannot provide the lump sum under patent law.
A Nevada jury found Thursday that four patents on GPS technology that Garmin International Inc. was accused of infringing by a patent licensing company are invalid as obvious, in a case where plaintiff Silver State Intellectual Technologies Inc. was seeking $30 million in damages.
Airbus Group announced Friday it will open a $150 million venture capital fund in Silicon Valley, California, and said it tapped a former Google Inc. engineer to open a technology and business innovation center as the European aerospace giant attempts to take advantage of opportunities in the tech-rich area.
A Delaware bankruptcy judge on Friday granted Chapter 15 recognition to Australian satellite outfit NewSat Ltd., which said it has been making progress on a deal to restructure the company.
Voice over Internet Protocol telephone providers could soon get one of the same privileges offered to their landline counterparts, and an at-times controversial telephone subsidy program could be expanded to include broadband Internet, at the next open Federal Communications Commission meeting.
The health care sector might see more consolidation as insurer Humana Inc. considers selling itself after being approached by competitors for a possible takeover, while Intel Corp. is nearing a deal to swallow chip-making rival Altera Corp.
Microsoft Corp. on Friday asked a Washington federal court to enforce Freedom of Information Act requests it sent to the Internal Revenue Service seeking information on contracts the agency made with Quinn Emanuel Urquhart & Sullivan LLP and Boies Schiller & Flexner LLP to assist in its examination of the company.
A Texas federal judge said she would allow a nearly 3,700-page expert report filed by an anti-piracy technology company accused by Blue Spike LLC of flouting four patents covering digital fingerprinting techniques, saying the report's length merely reflects the complex nature of the issues in the case.
Israeli information technology security company CyberArk Software Ltd., advised by White & Case LLP, on Friday filed for a $250 million follow-on offering, looking to issue about $50 million in new shares and let venture capital investors sell some of their remaining stake.
A California judge on Friday tentatively refused to toss an inventor’s suit alleging an auction company botched its handling of video technology patents she held with her software programmer ex-husband by selling them for vastly less than their $2 million minimum value, ruling the auctioneer had a fiduciary duty to the inventor.
Oracle America Inc. on Thursday moved to protect its intellectual property and related licenses in Wet Seal Inc.'s bankruptcy, telling a Delaware federal judge that the retailer needs to provide more information about IP contracts that would be assumed by a unit of Versa Capital Management LLC that acquired the brand.
The Federal Communications Commission recently warned broadband providers they won't be exempt from regulatory action while the agency drafts specific privacy rules for the industry, a warning that attorneys say should spur these companies to assess their privacy risks despite a lack of clarity from the regulator about their specific obligations.
Siltronic AG said Friday that investors could buy as much as €434.7 million ($477.3 million) of its equity in a German initial public offering as chemical giant Wacker Chemie AG ends its run as the silicon wafer manufacturer’s sole owner.
Telecommunications groups again asked the D.C. Circuit on Thursday to halt part of the Federal Communications Commission’s net neutrality rules, saying that the status quo should be preserved while their appeal — which they say they’re likely to win — is pending.
The New York Tax Appeals Tribunal in a decision released Thursday reversed the ruling of an administrative law judge who said the SunGard Group was ineligible for a $2.5 million refund due to a change in how its member companies reported franchise taxes to the state.
Global data center service firm Equinix Inc. has agreed to buy U.K. peer Telecity Group PLC for about £2.35 billion ($3.6 billion), the companies said on Friday, quashing a previously agreed upon merger between Telecity and Interxion Holding NV.
While a new Administrative Appeals Office decision may not be welcomed by employers, the ensuing USCIS guidance provides consistency and clarification. Taken together, they are in effect a mandate for certain H-1B employers to assess their prior policies, change procedures where necessary, and move quickly to file amendments for H-1B workers who may no longer be in compliance, says members of Polsinelli PC.
The best outside counsel change their optics to think like the client. For these lawyers, client service is not just about top-notch legal work — it is about making life easier for the entire in-house team. In the words of litigation counsel at medical device company Zimmer Inc. and outside counsel at Faegre Baker Daniels LLP, here are four ways outside counsel can better serve clients.
If Justice Antonin Scalia’s view had prevailed in Commil USA LLC v. Cisco Systems Inc., litigating over whether a potential infringer had a good-faith belief in the invalidity of a patent would be very ambiguous. How would one prove he has a good-faith belief that a patent is invalid? This defense would presumably have created a de facto lower threshold for invalidity as a defense to inducement, say Colleen Tracy James and Neil DuC... (continued)
As the Judicial Panel on Multidistrict Litigation heads to Minneapolis, Minnesota — currently home to 10 MDL proceedings — for its post-Memorial Day hearing, this month’s column recaps the March session and explores the “MDL Lexicon,” says Alan Rothman of Kaye Scholer LLP.
U.S. v. NCR Corp. is significant given the reluctance of most, if not all, courts to find "potentially responsible parties" have met their burden of proving divisibility of harm to the environment since the U.S. Supreme Court embraced the divisibility defense in Burlington Northern & Santa Fe Railway Co. v. U.S., says John DiChello Jr. of Blank Rome LLP.
Google Inc.’s Patent Purchase Program provides a novel means to acquire patents and, potentially, combat litigation from nonpracticing entities. Whether it will limit NPE activity may not be known for several years, but the program will provide Google with valuable information on NPE activity that it may not otherwise possess, say Kevin Christensen and Deepa Sundararaman of Berkeley Research Group LLC.
On the heels of the U.K. Bribery Act of 2010 — a close copy of the U.S. Foreign Corrupt Practices Act — the United Kingdom has now taken cues from another novel U.S. enactment, this time the California Transparency in Supply Chains Act, and delivered its own disclosure regime on the doorsteps of the international business world, say attorneys with Perkins Coie LLP.
Although the Consumer Privacy Protection Act — the latest proposed federal response to the problem of criminal data theft — takes a progressive approach to notice with many welcome reforms, legislators, consumers and businesses affected by the law should ask whether individual notice requirements really achieve enough good to justify their costs, says Joshua Lee of Irell & Manella LLP.
Last month, behind the scenes, the U.S. Supreme Court quietly approved changes to the Federal Rules of Civil Procedure. Though the ultimate impact of the amendments remains to be seen, they will affect discovery and document production proceedings for both litigants and practitioners, say Leeron Morad and Andrew Bramhall of Quinn Emanuel Urquhart & Sullivan LLP.