Yahoo Sale Spurs New Patent Holder Bid For $749M Reserve

Law360 (May 12, 2021, 8:30 PM EDT) -- A patent holder that lost a bid this month to force former Yahoo owner Altaba to establish a $749 million infringement reserve asked the Delaware Chancery Court on Tuesday to reconsider in light of Verizon's recently revealed plans to sell Yahoo to Apollo Global Management.

Earlier this month, the Chancery judge overseeing disputes over Altaba's wind-down rejected patent holder Droplets Inc.'s push to create the reserve, since the former Altaba ventures being sued for infringement can satisfy the highest possible award. But Droplets said in a filing late Tuesday that the court should take another look, arguing that it didn't learn...

Stay ahead of the curve

In the legal profession, information is the key to success. You have to know what’s happening with clients, competitors, practice areas, and industries. Law360 provides the intelligence you need to remain an expert and beat the competition.


  • Access to case data within articles (numbers, filings, courts, nature of suit, and more.)
  • Access to attached documents such as briefs, petitions, complaints, decisions, motions, etc.
  • Create custom alerts for specific article and case topics and so much more!

TRY LAW360 FREE FOR SEVEN DAYS

Hello! I'm Law360's automated support bot.

How can I help you today?

For example, you can type:
  • I forgot my password
  • I took a free trial but didn't get a verification email
  • How do I sign up for a newsletter?
Ask a question!