Bankrupt advertising technology firm Videology Inc. proposed a settlement Tuesday with its largest customer that would pump $14.6 million into the company as it pursues a going-concern sale of its assets through its Chapter 11 case.
Orrick Herrington & Sutcliffe LLP has hired the former co-chair of Weil Gotshal & Manges LLP’s patent litigation practice to co-lead Orrick’s global intellectual property practice, after he's represented major technology companies like Oracle Corp., eBay Inc. and Micron Technology in high-profile patent disputes, Orrick said Tuesday.
Two senators, one from each party, have told Federal Communications Commission Chairman Ajit Pai to fix a public commenting system that has let bots produce millions of fraudulent comments under stolen identities — including the identities of the senators themselves.
After winning a ruling that opened the door for more appeals of Patent Trial and Appeal Board decisions, Wi-Fi One LLC asked Monday for another chance in front of the full Federal Circuit, as it tries to salvage its messaging patents.
A California judge has tentatively tossed a suit alleging that Google arbitrarily discriminated against a gun-scope seller via a “dangerous weapons” policy that barred the business from its ad program.
Covington & Burling LLP has hired a pair of partners from Kirkland & Ellis LLP experienced in handling mergers and acquisitions, leveraged buyouts and other transactions in industries including life sciences, media, technology, automotive, defense and hospitality to head up the firm’s private equity practice in New York, the firm said Tuesday.
Far Point Acquisition Corp., a blank check company backed by hedge fund Third Point LLC and run by former NYSE Group President Tom Farley, filed an initial public offering Tuesday to raise $400 million in order to acquire a fintech business.
European lawmakers laid into Facebook founder Mark Zuckerberg on Tuesday for his company’s data privacy failings and raised the prospect of breaking up the social network, which some suggested had amassed an unfair share of power online.
A Canadian “hacker-for-hire” has urged a California federal court to halve the prison sentence recommended for him by the federal government to four years, arguing that prosecutors have been unable to show a shred of evidence that he caused real-world harm by breaking into 11,000 email accounts.
The Patent Trial and Appeal Board on Tuesday denied Microsoft’s request for a review of a Philips patent covering an auto-zoom feature for mobile devices, the third time in recent months that it has rejected a challenge to the patent.
Multiple Chinese companies have interest in buying U.S. electronics distributor Ingram Micro, activist investor Elliott Management has been amassing a stake in Germany’s Thyssenkrupp with plans to oust the company’s current CEO, and Fortress Investment Group hopes to raise about $2 billion for its first direct lending fund.
The world of legal technology is quickly evolving, with new products coming to market in rapid succession. Here, Law360 takes a look at six recent developments.
A consortium of companies that buys patents on behalf of its members — including Google, Ford, Sony and Uber, among others — announced on Tuesday the latest round of its patent-buying program, known as IP3, which gives patent owners a streamlined way to sell patents to companies.
The U.K. government's new "crypto task force" met for the first time this week to assess the risks and rewards of cryptocurrencies and their underlying technology, and to discuss the possibility of a regulatory response, according to HM Treasury.
The Federal Communications Commission is investigating cellphone location data provider LocationSmart after a researcher discovered the company’s website was leaking location data that allowed for the tracking of any AT&T, Sprint, T-Mobile or Verizon phone in the United States without customer consent.
A Delaware Chancery Court judge on Monday denied a bid for reargument from investors of Aruba Networks Inc., who claimed he misapplied state law by shaving 30 percent off the deal price in an appraisal action over Hewlett-Packard Co.’s $2.8 billion acquisition of the company.
GoPro Inc. and 360Heros Inc. struck a confidential settlement resolving GoPro's hotly contested trademark and copyright infringement lawsuit against the camera rig company, according to a California federal judge's order Monday.
Facebook users will be notified of the looming trial in their biometric privacy class action on the platform itself, a California federal judge said Monday, though he scoffed at Facebook’s “hollow” contention the notice could take weeks to post, demanding proof it can’t be done faster.
Hogan Lovells said Monday it has guided digital data and content company Adobe Systems Inc. in a deal to acquire e-commerce platform Magento Commerce from global private equity firm Permira in an all-cash $1.68 billion transaction.
AT&T Inc. and Time Warner Inc. urged a D.C. federal court on Monday to reject an independent television network’s bid to weigh in on the challenge of their planned $85 billion deal, saying that the government's case does not allege any harm to content creators.
While recent actions to eliminate forced arbitration for employee sexual harassment and sex discrimination claims are welcomed developments in the wake of the #MeToo movement, the concerns motivating the movement provide a similar opportunity to consider the ramifications of changes that benefit one group and how they might be expanded to benefit all workers, says Joseph Abboud of Katz Marshall & Banks LLP.
In March, the U.S. International Trade Commission's dismissal of U.S. Steel’s complaint caused some to question whether there remained a viable path for antitrust-based claims at the ITC. But the initiation of an antitrust-based Section 337 investigation just days later shows that the door for antitrust claims at the ITC has not closed, say attorneys with Ropes & Gray LLP.
In these politically divisive times, many ask whether our institutions and traditions can help us return to a greater consensus. In days long past, the legal profession could have been counted on to serve just such a function. But lawyers are now just as polarized as everyone else, says Samuel Samaro of Pashman Stein Walder Hayden PC.
The WHOIS system is set to undergo a monthslong "blackout" period when the EU General Data Protection Regulation takes effect on May 25, during which intellectual property lawyers will have a much more difficult time identifying the owners of domain names associated with infringing trademarks and content, say Peter Willsey and Timothy Hance of Cooley LLP.
In the latest twist of the saga of European Commission challenges to the very low levels of tax paid in the European Union by U.S.-owned multinationals, Apple Inc. was ordered to repay $15.5 billion to the Irish government. However, this is not the only move that puts the European Union on a collision course with the U.S. in the arena of international taxation, says Catherine Robins of Pinsent Masons LLP.
The Apple v. Samsung design-patent retrial — scheduled to begin on Monday — is an opportunity to clear up confusion on remedies. However, the complicated test that will be used for determining the article of manufacture presents the risk of creating more confusion, say Derek Dahlgren and Spencer Johnson of Rothwell Figg Ernst & Manbeck PC.
After moving into a new law office, tenants often file their signed leases away, figuring that the terms are set for a few years at least. However, leases can be very flexible instruments, and should be reviewed annually even if nothing seems amiss, says Tiffany Winne of Savills Studley Inc.
Based on his experience as a BigLaw associate for six years and now as general counsel for a tech startup, Jason Idilbi of Passport Labs offers some best practices for newer associates — whether they are serving external clients or senior attorneys within their firms.
Virtual currency businesses in New York should understand that they are under scrutiny even if they receive New York BitLicenses. The Virtual Markets Integrity Initiative will most likely survive the resignation and departure of former Attorney General Eric Schneiderman, so businesses should proceed cautiously, says Jonathan Sorkowitz of Skarzynski Black LLC.
The $35 million fine levied against Altaba, formerly known as Yahoo, marks the first time that the U.S. Securities and Exchange Commission has alleged that a company’s failure to disclose a data breach violated the federal securities laws. This enforcement action may also give breach-related securities class actions new life, say Michael Dicke and Alexis Caloza of Fenwick & West LLP.