Disney Settles With Actus Over Electronic Payment IP

Law360, New York (February 18, 2010, 12:43 PM EST) -- Disney Gift Card Services Inc. has become the latest defendant to settle a patent infringement suit brought by Actus LLC over technology for electronic methods of processing payments.

Disney and Actus filed a joint motion for dismissal Friday in the U.S. District Court for the Eastern District of Texas, and Judge T. John Ward granted the motion Tuesday.

According to the motion, Disney and Actus reached a settlement agreement on Feb. 5.

Disney was one of 20 companies, including Visa Inc. and Wal-Mart Stores Inc., sued...
To view the full article, register now.

UK Financial Services

UK Financial Services

Read Our Latest UK Financial Services Coverage

Financial Services Law360 UK provides breaking news and analysis on the financial sector. Coverage includes UK and European Union policy, enforcement, and litigation involving banks, asset management firms, and other financial services organizations.