Mobile Payment Co. Seeks Toss Of $13M Patton Boggs Suit

Law360, New York (July 30, 2012, 6:45 PM EDT) -- Upaid Systems Ltd. sought Thursday to dismiss Patton Boggs LLP's suit claiming the British mobile payment company owes it $13.7 million in legal bills, arguing a Texas federal court has no jurisdiction because the firm, with its international partners, should be considered a foreign citizen.

Upaid asked a judge to dismiss the suit, which stems from legal fees from Upaid's intellectual property dispute with Satyam Computer Service Ltd. that ended in a $70 million settlement in 2009.

Citing Fifth Circuit precedent, Harvey v. Grey Wolf Drilling...
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.