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Fed. Circ. Sends RealTime Patent Suits To SDNY

Law360 (April 6, 2011, 5:45 PM EDT) -- The Federal Circuit ruled Wednesday that RealTime Data LLC's claims that a slew of investment banks, securities exchanges and financial publications infringed several data compression patents belong in New York rather than Texas.

In a nonprecedential per curiam opinion, a three-judge panel of the U.S. Court of Appeals for the Federal Circuit granted a writ of mandamus to the defendants, ruling that the U.S. District Court for the Eastern District of Texas abused its discretion in refusing to transfer the matter to the Southern District of...
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