In a bizarre investment battle, an offshore investment group and a beverage company are taking swipes at each other amid allegations of share dumping and “financial terrorism.”
The U.S. Court of Appeals for the Federal Circuit has ruled that a case over stent patents should have been filed in Germany, upholding a lower court ruling that deflated the suit brought by a doctor against device makers Pfizer and Boston Scientific.
In agreeing to hear the case between MedImmune and Genentech, the U.S. Supreme Court will set a precedent for whether licensees in good standing are permitted to challenge licensed patents.
A federal judge has ordered barcode equipment maker Metrologic Instruments Inc. to pay a $13.4 million arbitration award to its rival after it allegedly failed to pay royalties on a patent license agreement.
In an attempt to keep a former partner from sinking its teeth into the $5 billion global coronary stent market, Israel’s Medinol Ltd. filed a new legal claim Monday against Boston Scientific Corp. that alleges its stents violate three of Medinol’s patents.
A dispute between the University of Alabama and one of its former professors over biotech patents worth millions of dollars highlights the importance of clear rules about who owns academic inventions, experts say.
Just a few months after medical device maker Medtronic was forced to license spinal fusion patents from a Los Angeles surgeon for a head-spinning $1.35 billion, the company is asserting three of those patents against rival Biomet Inc. and one of its subsidiaries.
Mired in patent lawsuits, medical device maker Medtronic Inc. has decided to pay $37.5 million to settle litigation with its latest accuser, a California biotechnology company that specializes in heart valves.
In a singular victory for News Corp., a Delaware district judge has granted the multinational news giant leave to appeal a key lower court ruling that enabled its shareholders to press on with a class action lawsuit stemming from the company’s anti-takeover measure.
After last year’s record-breaking $1.4 billion payout to a Los Angeles surgeon, medical device maker Medtronic Inc. is now facing charges that it illegally sought patents based on the inventions of a New York orthopedic spine surgeon.
National banks scored an important victory that will minimize state-level lawsuits against them in a U.S. Supreme Court ruling Tuesday that moved a Wachovia Corp. case from a state court to a federal venue and stipulated that other banks with coast-to-coast presence are to be offered the same protection.
Rejecting claims of a contract breach, an Indiana federal judge has ruled against Eli Lilly & Co. in a lawsuit that accused the pharmaceutical giant of stealing technology originally licensed to it by a small biotech company.
In the latest development in its battle with shareholders over its anti-takeover provision, media company News Corp. has asked the Delaware Supreme Court to overturn a lower court ruling that allowed a class action lawsuit against the company to proceed.
A judge has given the green light to a huge class action suit filed against media powerhouse News Corporation over the company’s alleged refusal to allow shareholders to vote on a takeover defense.
The industry-wide battle over gaming patents continues to heat up, as two more companies have fired off lawsuits asserting patents that, given the growth of the gaming industry, could earn them billions.
A Johnson & Johnson medical device prevailed in the U.S. Court of Appeals for the Sixth Circuit when the doctor that sued the company for trade secret violations failed to show proper similarity between his heart surgery device and J&J’s alleged copy.
Computer maker Hewlett-Packard has accused several former employees of pulling a “multi-million dollar swindle,” alleging that the employees stole HP technology and set up their own electronics company. The scheme cost HP more than $100 million, according to the company.
An investment fund manager who allegedly stole $400,000 million from a fund set up to benefit minority owned businesses has been sued by federal prosecutors, four years after the fund collapsed.
Chip maker Atmel Corp. has been awarded $43.1 million in damages in a patent arbitration with Swedish telecom gear maker Ericsson related to its AVR microcontroller technology.
Qualcomm Inc. is firing back at Finnish cell phone maker Nokia Corp., filing a federal patent infringement lawsuit over its GSM technology only two weeks after Nokia accused Qualcomm of anti-trust violations in Europe.