May 23, 2016
Pacific Rail LLC has agreed to drop a California federal lawsuit against Sierra Railroad Co. over a collapsed merger following an order requiring Pacific to produce a privilege log, winding down seven years of litigation that saw Sierra win $53 million on counterclaims.
February 24, 2016
A California federal magistrate judge said Wednesday she would not reconsider an order this month requiring a railroad company to produce a privilege log in a lawsuit over a collapsed merger, saying the company should have specified whether it wanted her or a district judge to revisit the ruling.
February 23, 2016
The parent companies of a railroad ordered to pay $52.8 million stemming from a failed merger cannot compel documents as they fight being named judgment debtors in the suit because, as nonparties, they lack standing, a California federal judge ruled Monday.
August 06, 2015
Greenberg Traurig LLP on Wednesday escaped an attempt by Sierra Railroad Co. to win sanctions over accusations the firm worked with its client to hide assets during a $52.8 million trade secrets trial over a failed merger, but was still scolded by a California federal judge for coming close to "vexatious" conduct.
February 13, 2015
There were eight intellectual property awards in 2014 that exceeded $100 million, all of them in patent cases, but attorneys say that many of those substantial sums are at risk of being reduced on appeal since the Federal Circuit has heightened its scrutiny of damages awards.
December 01, 2014
Greenberg Traurig LLP urged a California federal judge to deny Sierra Railroad Co.'s "absurd" request for nearly a quarter-million dollars in sanctions, denying accusations it worked with its client to hide assets during a $52.8 million trade secrets trial over a failed merger.
October 23, 2014
A California federal judge has awarded Sierra Railroad Co. an additional $13.1 million in punitive damages for Patriot Rail Company LLC's willful misappropriation of the company's trade secrets during failed merger discussions, bringing Sierra's total award in the case to $52.8 million, according to a Thursday opinion.
May 05, 2014
A California federal jury on Thursday hit Patriot Rail Company LLC with $17.4 million in punitive damages, less than two months after finding Patriot owed Sierra Railroad Co. $22.3 million in losses for misappropriating trade secrets while trying to buy Sierra's railroad freight operations.
March 31, 2014
A California federal jury decided Friday that Patriot Rail Corp. owes $22.3 million to Sierra Railroad Co. in alleged losses stemming from the misappropriation of trade secrets while Patriot attempted to buy Sierra's shortline railroad freight operations.