Sanctions Affirmed In Magnetic Fastener Patent Suit

Law360, New York (June 14, 2010, 5:20 PM EDT) -- A federal appeals court has held Advanced Magnetic Closures Inc. liable for Rome Fastener Corp.'s legal fees in a decade-long patent case over magnetic closures for handbags, affirming a lower court's decision that AMC had engaged in litigation misconduct.

In an opinion written by Circuit Judge Arthur J. Gajarsa, a three-judge panel in the U.S. Court of Appeals for the Federal Circuit ruled Friday that Judge Paul Crotty of the U.S. District Court for the Southern District of New York had not abused his discretion in...
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