Transamerica Appeals $13M Patent Verdict

Law360, New York (July 14, 2009, 12:00 AM EDT) -- In a case that could have significant ramifications for business method patents, Transamerica Life Insurance Co. has appealed a final judgment upholding a $13.1 million jury verdict against the insurer and finding it had infringed a benefits rider patent held by Lincoln National Life Insurance Co.

In addition to disputing the final judgment and the jury's verdict, Transamerica plans to challenge almost a dozen orders in the case, according to a notice of appeal filed Monday in the U.S. District Court for the Northern District of...
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