Online Debt Collection Systems Inspire Patent Suit

Law360, New York (January 11, 2007, 12:00 AM EST) -- Two companies that offer online debt collection services have squared off in a New Jersey court over patents covering computerized dispute resolution systems.

White Plains, N.Y.-based Debt Resolve Inc. filed the patent infringement lawsuit against Apollo Enterprise Solutions on Monday, alleging that Apollo’s online debt collection system infringes on U.S. Patent Numbers 6,330,551 and 6,954,741.

The ‘551 and ‘741 patents are both entitled “computerized debt resolution system and method” and are assigned to Cybersettle.com Inc., headquartered in Mt. Kisco, NY. James D. Burchetta, one of the...
To view the full article, register now.

Law360 UK

UK Financial Services

Read Our Latest UK Legal News & Analysis

Financial Services Law360 UK and Insurance Law360 UK provide breaking news and in-depth analysis on U.K. and European Union regulation, enforcement, legislation, and litigation involving banks, investment firms, insurers, and more.