Eon-Net Wins Another Shot At Patent Case

Law360, New York (October 4, 2007, 12:00 AM EDT) -- Eon-Net LP, a litigious patent-holding firm, has won a decision on appeal that vacates a district judge’s orders that found Flagstar Bancorp Inc. did not infringe its information processing methodology patent and that imposed sanctions against Eon-Net’s counsel for bringing baseless claims.

The U.S. Court of Appeals for the Federal Circuit held last month that the district court’s assessment of the evidence was “clearly erroneous,” and its award of $141,984 in legal costs to Flagstar was tied to the conclusion that Eon-Net had not shown that...
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