Suit Stayed As Juniper, Toshiba Mull Settlement

Law360, New York (August 2, 2007, 12:00 AM EDT) -- A bitter patent battle between tech rivals Toshiba America Inc. and Juniper Networks Inc. is drawing to a close, with the electronics companies alerting a Texas federal judge to a looming settlement.

The companies, which recently exchanged blows over discovery in the patent suit, have reached an agreement-in-principle to resolve the litigation out of court, winning approval Tuesday to suspend the case for 45 days pending a deal.

In an agreed motion to stay the case filed Friday in the U.S. District Court for the Eastern...
To view the full article, register now.

UK Financial Services

UK Financial Services

Read Our Latest UK Financial Services Coverage

Financial Services Law360 UK provides breaking news and analysis on the financial sector. Coverage includes UK and European Union policy, enforcement, and litigation involving banks, asset management firms, and other financial services organizations.