$100M Microsoft Bond Lifted In Motorola Patent Dispute

Law360, New York (June 28, 2013, 12:47 PM EDT) -- A federal judge on Thursday released Microsoft Corp. from a $100 million bond it was ordered to post in a standard-essential patent licensing dispute with Motorola Mobility Holdings Inc., after Microsoft argued that a recent ruling rendered the need for the bond moot.

U.S. District Judge James Robart granted Microsoft's motion to release the bond in a brief order that did not explain his reasoning. Microsoft asked to be released from the bond in a June 18 letter that said it was no longer necessary in light...
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.