Telecom Exchange Sues Rival Over Trading Technology

Law360, New York (December 19, 2005, 12:00 AM EST) -- Electronic telecommunications exchange firm Arbinet-thexchange Inc. sued rival World-Link Telecom Inc. Monday, asserting its patents for electronic trading of telecommunications capacity.

The suit was filed in the U.S. District Court for the Eastern District of New York.

Arbinet's three patents in the case cover technology that enables web-based displays of market price, as well as for for global communications network management systems.

In the complaint, Arbinet is seeking an injunction against World-Link as well as monetary damages arising from World-Link's allegedly willful use of Arbinet's technology....
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