Swiss-based engineering giant ABB Ltd. said Friday it had resolved asbestos claims against Lummus, its U.S. subsidiary, in a move that puts to rest the unit’s asbestos liabilities and opens the door for its sale.
In a motion filed Wednesday, Storage Technology Corp. objected to Silicon Graphics Inc.’s reorganization plan, stating the plan proposes to limit and postpone the payment of over $1 million owed to Storagetek.
The first two former executives to face criminal charges in the stock-option backdating scandal pled not guilty Wednesday, but they likely won’t go to trial for nearly a year.
Telecommunications giant Sprint Nextel Corp. reached a settlement Thursday with two defendants in its patent infringement lawsuit over Voice over Internet Protocol (VoIP) technology, according to a company statement.
Swayed by Silicon Graphics Inc.’s argument, a federal bankruptcy judge has granted the high-performance computer maker another four months to wield sole control over its reorganization process.
In a surprising turn for a state known for its affection for regulation, the California Public Utilities Commission voted 5-0 on Thursday to lift most price controls for local telephone service providers, saying competition from new technologies would keep prices fair.
Japanese office equipment maker Ricoh Co. Ltd. has sued two rival Taiwanese companies for allegedly violating four of its patents on optical disk technologies.
Silicon Graphics Inc. filed an objection to claims made by its rival LG Electronics over patent infringement in SGI’s Chapter 11 bankruptcy case, asking the court on Monday to disallow them in their entirety.
EchoStar Communications Corp. agreed Monday to pay $100 million to hundreds of U.S. network affiliates to end a drawn-out copyright infringement battle and avoid the “dramatic” consequences of a service shutdown approved last week by the U.S. Supreme Court.
After years of accusations and counterclaims, a New Jersey federal court has ruled that Samsung Electronics Co. Ltd. and Matsushita Electric Industrial Co. Ltd. did not infringe on each other's dynamic random access memory (DRAM) chip patents.
The battle between China and Taiwan in the realm of intellectual property continued on Monday when Taiwan Semiconductor Manufacturing Co. Ltd. announced that it had filed a new lawsuit against Chinese rival Semiconductor Manufacturing International Corp.
Patent holding company Ronald A. Katz Technology Licensing L.P. has filed another patent infringement suit, asserting 17 patents covering communications and messaging technology against over a dozen companies.
Popular search engine Google Inc. has asked the Securities and Exchange Commission for an exemption that would allow it to diversify its investments without being regulated as a mutual fund.
At a meeting in Iceland on Thursday, Scandinavian consumer regulators discussed the direction of their challenge with Apple Computer Inc. over antitrust issues because the iPod and its online music store is not compatible with competitors’ products.
Comverse Technology Inc. founder and former chief executive Jacob “Kobi” Alexander has reportedly been tracked down in Sri Lanka by a private investigator hired by a U.S. venture capital fund seeking to keep Comverse’s stock price up.
After this month’s Federal Trade Commission ruling in the closely watched Rambus case, some legal experts are wondering whether the decision signals a bellwether for the revival of the more expansive antitrust philosophy of days gone by.
Paving the way for Silicon Graphics Inc.’s emergence from Chapter 11 protection, a bankruptcy judge on Wednesday gave the company the green light to enter into backstop commitments for a rights offering to be conducted through its reorganization plan.
Still reeling from the U.S. Supreme Court’s decision to enforce an injunction, EchoStar Communications Corp. has been slapped with another patent infringement suit over its digital satellite television products and processes.
In a stunning legal turnaround, Apple Computer Inc. has agreed to fork out $100 million to Singapore-based Creative Technology Ltd. and put to rest a slew of troublesome patent disputes over MP3 technology used in its popular iPod digital music player.
A judge has denied Netflix’ request to dismiss claims by rival Blockbuster that it is trying to monopolize the online movie rental market by using unenforceable patents.