Deal Site Loses Bid To Toss EDGAR Copyright Suit

Law360, New York (May 5, 2010, 7:00 PM EDT) -- Socratek LLC, parent firm of the deal intelligence site, has lost a bid to throw out a derivatives trade association's copyright suit alleging Socratek's resale of certain form agreements infringes its reproduction and distribution rights.

Judge Harold Baer Jr. in the U.S. District Court for the Southern District of New York on Tuesday denied International Swaps and Derivatives Association Inc.'s bid for a preliminary injunction, as well as Socratek's motion to dismiss for failure to state a claim.

ISDA created a copyrighted form agreement to...
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