Directors and funds sued in Delaware’s Chancery Court over a technology firm’s underpriced sale to BlackBerry Ltd. in 2015 reported a $17 million settlement Monday, in the near-final piece of a $52 million overall settlement that broke down in August 2017.
The Second Circuit on Monday reversed a New York federal judge’s decision to order a digital payments company to pay legal expenses to a licensee as a condition of dropping its late-stage lawsuit, saying in a published decision that the payments firm should have been given a chance to consider pressing forward with its suit.
The Ninth Circuit has scheduled a rehearing in Altera Corp.’s cost-sharing suit against the Internal Revenue Service for Oct. 16, which will give a replacement judge on the appellate court’s three-member panel a chance to directly question counsel in the case.
A woman with visual impairments hit Apple Inc. with a proposed class action in New York federal court Sunday, claiming that the tech giant’s website isn’t fully compatible with screen readers, a violation of the Americans with Disabilities Act.
Phantom approvals and disclosure failures propped up a potential $825 million in allegedly backdated stock appreciation rights provided to the CEO of software company Ebix Inc., a class attorney asserted Monday during the opening of a three-day Delaware Chancery Court trial challenging the benefit.
The Pennsylvania Superior Court on Monday upheld the dismissal of firefighters’ claims that Federal Signal Corp.’s sirens caused permanent hearing damage, saying that the firefighters hadn’t shown that an alternate design would both protect their ears and alert the public.
Artificial intelligence is not yet a part of the standard operating procedure at all large law firms, but in a decade it probably will be, Womble Bond Dickinson chief knowledge officer Bill Koch predicted at a legal technology conference on Monday.
The federal government and industry groups urged the U.S. Supreme Court to side with Apple Inc. and toss a proposed consumer class action claiming the technology giant's app store illegally monopolized the iPhone app market, arguing that only "direct purchasers" — here, app developers themselves — can bring such claims.
Grande Communications warned a Texas federal judge Friday that Universal Music Group and a host of other recording companies are trying to make internet service providers their “de facto copyright enforcement agents.”
A California man has slapped Google Inc. with a putative class action in federal court accusing it of tracking users and recording their whereabouts even after they disabled the location feature on their smartphones.
U.K.-based online fashion retailer Farfetch Ltd. on Monday filed an initial public offering preliminarily estimated to raise $100 million, making it the latest of five companies to submit recent IPOs that could price after Labor Day, when deals are expected to gain steam after a summer break.
Churchill Capital Corp., a special purpose acquisition company that is raising money likely to acquire a software business, on Monday set pricing terms for a $400 million initial public offering, represented by Paul Weiss Rifkind Wharton & Garrison LLP.
The Federal Circuit on Monday upheld an award of $737,000 in attorneys’ fees to pop stars Justin Timberlake and Britney Spears, agreeing with a lower court that a failed patent suit against them over display technology was unreasonable and weak.
SDC Capital Partners LLC, with assistance from legal adviser Skadden Arps Slate Meagher & Flom LLP, has wrapped up its debut private equity fund at $400 million, with plans to focus on investments in the information technology and communications infrastructure sectors, the company said Monday.
A former WilmerHale patent litigator who has represented clients in disputes in industries ranging from pharmaceuticals to social networking is the fourth senior trial lawyer to join Latham & Watkins LLP’s Washington, D.C., practice within a year, Latham announced recently.
The Office of the U.S. Trade Representative on Monday began a week’s worth of daylong public hearings on its proposal to hit $200 billion of Chinese goods with new duties, the most aggressive salvo yet in its ongoing battle with Beijing over intellectual property and technology acquisition policies.
The U.S. Department of Defense agency tasked with overseeing DOD contracts made a number of significant mistakes when implementing contracts for its own software project meant to help with its oversight duties, as part of a broader systemic problem within the defense agency, an independent watchdog group claimed in a new report.
The U.S. Department of Housing and Urban Development has hit Facebook Inc. with an administrative complaint that accuses the social media giant of using discriminatory advertising practices to target home buyers, according to New York federal court documents filed Friday in a related lawsuit.
The so-called TV white spaces program that repurposes unused broadcast spectrum gaps is fraught with errors and is egregiously unsupervised, the National Association of Broadcasters has told the Federal Communications Commission.
The owner of the so-called sugar daddy dating website SeekingArrangements.com sued the operators of a half-dozen internet sites in California federal court Thursday in a bid to stop what it said was an international scheme in which scam artists pose as single women looking for romance and then extort legitimate male users.
The "fake news" phenomenon is ever more prominent in the political arena — but not in the jury box. At a trial, jurors don’t have to rely on the media or any other source to tell them the facts and issues, since they have a front-row seat to the action, says Ross Laguzza, a consultant at R&D Strategic Solutions LLC.
In his new book, "The Last Great Colonial Lawyer: The Life and Legacy of Jeremiah Gridley," Charles McKirdy argues that Gridley — someone I had never heard of — was the last great colonial lawyer, and that his cases illuminate his times. The author largely substantiates both claims, says First Circuit Judge Kermit Lipez.
The newly enacted Foreign Investment Risk Review Modernization Act significantly expands the authority of the U.S. government to review and restrict foreign investments on national security grounds. But FIRRMA also has provisions that may exempt some transactions from review, and accelerate review of others, say Jeffrey Bialos and Mark Herlach of Eversheds Sutherland LLP.
The Foreign Investment Risk Review Modernization Act empowers the U.S. government to review a far broader group of transactions than ever before to determine if they threaten national security. FIRRMA's expansive new coverage includes oversight of real estate investments and transfers of "emerging and foundational technologies," say Jeffrey Bialos and Mark Herlach of Eversheds Sutherland LLP.
As the internet of things device market develops, companies that proactively develop compliance strategies should be able to avoid many of the pitfalls that are sure to come as law enforcement changes the way it investigates cases, say attorneys at Wiley Rein LLP.
During the past year, I have been tossed headfirst into the murky water of autonomous vehicle contract drafting, where no well-tested forms exist and negotiating parties often do not know what terms to request. But what is required more than anything is just old-fashioned, common-sense business lawyering, says Jim Jordan of Munsch Hardt Kopf & Harr PC.
In a recent Law360 guest article, John Thorne of the High Tech Inventors Alliance argued that enactment of the Restoring America's Leadership in Innovation Act would threaten positive changes in patent quality and American innovation. However, many of those same changes have had a serious negative impact on the patent system and the innovation economy, says Boyd Lemna of Personalized Media Communications LLC.
Across the country this fall, recent law school graduates, law firm associates and experienced professionals will interview for positions in private practice and government service. Sharing tips on how to stand out in this high-pressure, hypercompetitive process are Eileen Decker, former U.S. attorney for the Central District of California, and Keith Jacoby, co-chairman of Littler Mendelson PC’s class action practice group.
Soon the Texas Supreme Court will consider under what circumstances Glassdoor should be compelled to reveal the identities of anonymous reviewers. Skadden attorneys Margaret Krawiec and Thomas Parnham discuss how courts over the years have answered the fundamental First Amendment question of whether to unmask an internet user who chooses to speak anonymously.
The Japan Patent Office's new guide to licensing for standard-essential patents maintains an admirable neutrality in tone, language and substance, making it an effective reference tool for all sides in SEP licensing, says David Kappos, a partner at Cravath Swaine & Moore LLP and former director of the U.S. Patent and Trademark Office.