Patent Holder's Lawyer Loses Bid For Sanctions Stay

Law360, New York (March 28, 2007, 12:00 AM EDT) -- Counsel for a litigious patent-holding company has lost a bid for a stay on sanctions imposed by a court in its failed infringement claim against a mortgage lender.

New York-based law firm Zimmerman, Levi & Korsinsky had asked the Federal Circuit appeals court to show mercy, claiming it would face financial ruin if forced to cough up the $141,984 legal costs of Flagstar Bancorp Inc.

Zimmerman’s client Eon-Net LP, which was founded by a U.S. inventor-turned evangelist who has sued more than 60 firms for patent...
To view the full article, register now.
Law360 Pro Say Podcast
Check out Law360's new podcast, Pro Say, which offers a weekly recap of both the biggest stories and hidden gems from the world of law.