Federal Circuit Upholds Ruling In DataTreasury Suit

Law360, New York (April 16, 2008, 12:00 AM EDT) -- The Federal Circuit has upheld an order denying a bid from Wells Fargo & Co. and Wells Fargo Bank NA to toss or stay an ongoing patent suit with DataTreasury Corp. over patents for check-imaging technology.

The appeals court ruling Wednesday dealt with whether DataTreasury was bound by a licensing agreement that a Wells Fargo subsidiary entered into with the company from which DataTreasury had received its patent rights.

The U.S. District Court for the Eastern District of Texas had ruled that DataTreasury was not bound...
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