IBM Loses Bid To Seize BGC Software In Copyright Fight

Law360, New York (May 13, 2010, 3:20 PM EDT) -- IBM Corp. has lost its bid for an order to seize software at the center of a copyright infringement suit against electronic securities brokerage firm BGC Partners Inc., which contends it is entitled to use the software under a decades-old licensing contract.

Judge Paul A. Crotty of the U.S. District Court for the Southern District of New York refused Wednesday to order the U.S. Marshals Service to seize the IBM-owned software, which BGC claims it has a right to use under a contract with the software's...
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