A virtual reality startup that has received backing from Google, Qualcomm and Warner Bros. has sued two of its former top executives in California federal court, saying the pair stole trade secrets and plotted to start a rival company.
Attorneys seeking a $6 million fee for winning a proposed $2.75 million buyout of minority shareholders stranded in an allegedly “stolen” company defended the class deal Friday in Delaware Chancery Court, saying the suit also proved NavSeeker Inc.’s overall worth despite the controlling company’s claims that it had no value.
The Patent Trial and Appeal Board held Thursday that two more of Smartflash LLC’s media storage patents, which a jury found Apple Inc. infringed, contain claims that are invalid under the U.S. Supreme Court’s Alice ruling.
A California federal judge Friday said Target and ViewSonic must reveal settlement agreements with defendants in multidistrict litigation over alleged price-fixing in the market for cathode ray tubes in televisions, saying the settlement amounts will help remaining defendants “decide whether to proceed to trial.”
A Delaware federal judge on Friday tossed Visual Memory LLC’s patent infringement suit against graphics chip maker Nvidia Corp., ruling that the Federal Circuit’s recent Enfish ruling doesn’t save Visual Memory’s patents from being invalid under the high court’s Alice decision.
An inventor whose too-long brief cost her an appeal in a patent suit against JPMorgan Chase & Co. struck out again at the Federal Circuit when the court ruled Friday she had jumped the gun in taking a reexamination appeal there instead of the Patent Trial and Appeal Board.
A California federal judge refused Thursday to find that Ericsson Inc. charged a Chinese mobile phone developer an excessive rate for standard-essential patents for wireless technology, saying it would be unfair to apply an arbitration decision issued in a licensing dispute between Ericsson and another company.
Goodwin Procter LLP has bolstered its Silicon Valley employment practice with a former Skadden Arps Slate Meagher & Flom LLP attorney with experience advising companies on compensation and tax compliance matters in life sciences, technology, private equity and real estate, the firm said.
Jumio Inc. on Friday pushed for its case to be converted to a Chapter 7 liquidation after its sale price came in at only $850,000, and argued that the bankruptcy estate should not have pay the bills for shareholders’ counsel K&L Gates LLP and Pachulski Stang Ziehl & Jones LLP.
Clean Yield Asset Management sent a letter to Alphabet Inc. shareholders Thursday urging them to vote in favor of a proxy measure that would require Google’s parent company to disclose details about its political donations, saying some of its efforts have already caused harm to its reputation.
The top executive at German factory robot maker Kuka is onboard with a recent $5.15 billion takeover offer lobbed by China's Midea Group, more details concerning Verizon's potential proposal for Yahoo's core Internet business have emerged and rumors abound of a merger between Belgian Post Group and PostNL.
The Patent Trial and Appeal Board ruled Thursday that the Federal Circuit’s recent Enfish decision means that a Mirror Worlds document management patent asserted against Apple is not a patent-ineligible abstract idea, ahead of a July trial in the Eastern District of Texas.
Uber Technologies Inc. on Wednesday asked Pennsylvania regulators to reduce a more than $11.3 million fine assessed against the ride-hailing company for operating in the state without authorization, saying that the penalty exceeded a previous state high by more than five times.
With a Thursday jury verdict that Google’s use of Oracle’s copyrighted Java software code was protected by the fair use doctrine, the tech giant and its supporters won a huge battle, but the war is far from over.
Embeddable communications platform Twilio disclosed plans for a nominal $100 million initial public offering to the U.S. Securities and Exchange Commission Thursday, becoming the first so-called unicorn — a private startup valued at at least $1 billion — to place its sights on the open market in 2016.
In this week's Taxation With Representation, investment firm Ares Capital makes a $3.43 billion purchase to increase its direct lending capabilities, Siris Capital Group buys up a Massachusetts technology company and an $8.4 billion real estate investment trust is born.
Health care software provider Centauri Health Solutions Inc. said Thursday that it has received a $50 million equity investment from private equity firm Silversmith Capital Partners, which will be used to help the Scottsdale, Arizona-based business grow.
A Delaware jury determined Friday that the technology used by Google Earth to display refined images of the planet does not infringe the patent of a German tech company and found the patent to be invalid over prior art.
A change in the Obama administration’s strategy for crafting data localization rules for financial services firms in trade deals was met with a mixed reaction Thursday, with some stakeholders applauding the policy while others said more action was needed.
A jury of seven men and one woman began deliberating Friday in the trial over the technology used by Google Earth to render high-resolution images of the earth, which a German tech company said infringes its patent.
During complex litigation, litigants often retain consulting experts to help them understand any intricate aspects of social and natural sciences present in a case, but the federal rules provide no such mechanism for the presiding judge. That is where technical advisers come in, say attorneys at K&L Gates LLP.
The Federal Circuit's recent comments in Enfish v. Microsoft are not helpful to understanding the meaning of an "abstract idea.” The U.S. Patent and Trademark Office and the courts are dismantling some of our country’s most important advances and innovations by manipulating basic definitions of rights given inventors under Section 101, says Mac Waldbaum of Eaton & Van Winkle LLP.
The discovery process can be stressful and nerve-wracking for a company’s employees. Their reactions can vary tremendously and the effects are often overlooked by general counsels. Keeping your employees informed and educated prior to and during a collection or preservation hold can help to minimize disruption, maintain productivity and help discovery budgets stay in line with projections, say attorneys at Murphy & McGonigle PC.
Courts often require parties to develop a joint e-discovery plan. But even when they are not court-imposed, parties should consider using joint e-discovery plans to promote transparency and streamline the discovery process, say Anthony Rospert and Jake Evans of Thompson Hine LLP.
On May 26, 2015, the U.S. Supreme Court issued its opinion in Commil v. Cisco, effectively killing the practice of obtaining invalidity opinion letters in the context of induced infringement claims. Over the last year, federal courts and litigants have done little to challenge the ruling or test its boundaries, say Elizabeth Banzhoff and Amanda Tessar of Perkins Coie LLP.
In honor of our 21st installment of "And Now A Word From The Panel," this month’s column will address a burgeoning category of cases subject to multidistrict litigations during the 21st century — cyber MDLs, or more specifically, cases arising from an alleged data privacy breach, says Alan Rothman of Kaye Scholer LLP.
Rather than being the end of consumer protection lawsuits, the U.S. Supreme Court's Spokeo v. Robins opinion offers Congress a green light to give consumers the rights they need to protect their privacy and other digital rights. This is exactly the result Spokeo was most likely dreading, says professor Neil Richards of Washington University School of Law.
Nowhere is the attractiveness of law firms as cybercrime targets more evident than the recent Mossack Fonseca hack, believed to be the most significant data theft event in history. Firms represent a treasure trove of information and historically have had dreadful cybersecurity practices. There has been some progress, but firms can also commit to better defending their information by taking a simple, three-step approach, says Sean D... (continued)
The Fourth Circuit's decision in Deltek Inc. v. U.S. Department of Labor is notable for its contribution to the Sarbanes-Oxley Act's expansion into a strong antidote against retaliation. Deltek and other recent SOX decisions indicate that SOX is a potent solution and that retaliation against a whistleblower can be quite expensive for a company, says Jason Zuckerman, principal at Zuckerman Law.
Our friends in the defense bar, still smarting from the outcomes in Campbell-Ewald and Tyson Foods, have already begun to try to spin Spokeo as creating new limits on class actions. But the U.S. Supreme Court's opinion, in a sure-to-be-cited footnote, expressly said that whether a case is a class action “adds nothing to the question of standing,” say Nicholas Diamand and Andrew Kaufman of Lieff Cabraser Heimann & Bernstein LLP.