InfoSpan Asks 9th Circ. For Redo Of $554M Secrets Trial

Law360, Los Angeles (September 11, 2017, 10:18 PM EDT) -- U.S. fintech firm InfoSpan urged the Ninth Circuit on Friday to order a new trial on its claims that banking giant Emirates NBD cost it $554 million by stealing its cellphone-based payment system, arguing Emirates manipulated the jury with improperly admitted evidence.

In a 67-page first cross-appeal brief, InfoSpan Inc. urged the appellate court to toss a California federal jury’s finding that the Dubai, United Arab Emirates-based bank did not rip off InfoSpan’s SpanCash system, which allows people without bank accounts to securely send funds abroad...
To view the full article, register now.
Law360 Pro Say Podcast
Check out Law360's new podcast, Pro Say, which offers a weekly recap of both the biggest stories and hidden gems from the world of law.