Deal Moots Avid IP Appeal, Despite 'Side Bet,' Fed. Circ. Says

Law360, New York (January 17, 2013, 5:47 PM EST) -- Avid Identification Systems Inc.'s chance to reduce its $6.5 million settlement payment in a patent suit amounted to a "side bet" that didn't translate to enough of a controversy to save Avid's appeal from being dismissed for mootness, the Federal Circuit ruled Thursday.

A three-judge panel faulted Avid for having failed to identify a relationship between the issues being challenged and the value of the appeal. Avid and Allflex USA Inc. had essentially placed a wager on the outcome of Avid's appeal, the panel said in...
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