Delaware’s Chancery Court dismissed on Friday a stockholder suit seeking damages on behalf of telecommunications giant Qualcomm Inc. from directors serving during a decade when the company was accused of violating the Foreign Corrupt Practices Act.
A $10 million settlement resolving shareholder litigation over the 2013 take-private deal that saw electronics maker Sauer-Danfoss bought up by its parent company received approval Friday in Delaware Chancery Court.
Telecom giant Verizon pressed the Federal Communications Commission on Thursday to make way for increased broadband deployment by streamlining the process for third parties to gain access to utility poles, citing its experience as both a pole owner and an attacher to others’ poles.
The Federal Circuit on Friday denied Apple's bid for the court to rehear an April ruling in which it affirmed as invalid most of the claims of a touch-screen patent the technology giant asserted against rival Samsung.
A West Virginia telecom company received $4.7 million in grants from the state it wasn't entitled to, according to a report by a U.S. Department of Commerce unit Thursday that partly blamed "miscommunication" for the error.
China Vanke may join Hopu Investment Management and Hillhouse Capital on a bid to buy Singapore-based industrial warehousing giant GLP, worth about $9.2 billion; Madrid-based ride-sharing company Cabify hopes to raise $300 million or more; and Danish conglomerate A.P. Moller-Maersk will list its oil business within the next year.
Netflix will join a July 12 online protest defending net neutrality rules under fire at the Republican-led Federal Communications Commission, committing in a tweet Thursday that the company “will never outgrow the fight for #NetNeutrality.”
Attorneys who secured a $3.75 million settlement for a putative class of consumers who alleged a sex toy maker had secretly collected user data from an internet-connected vibrator asked an Illinois federal judge on Thursday to grant them $1.1 million in attorneys' fees.
Facebook-owned Oculus is set for a post-trial showdown in Texas federal court Tuesday against video game developer ZeniMax that's been months in the making, as the parties wrestle to come out ahead in the wake of a $500 million trial involving some of Silicon Valley's hottest technology. Here, Law360 highlights five of the contentious issues in the court's hands.
In this week’s Taxation With Representation, Amazon announces a blockbuster deal to buy Whole Foods for $13.7 billion, Canadian cable operator Shaw Communications sells its U.S. data center company ViaWest for $1.675 billion, and private equity firm Liberty Hall Capital Partners purchases Dunlop Aircraft Tyres in a deal worth roughly $135 million.
Synopsys has furthered its bid for U.S. Supreme Court review of a decision invalidating the technology company's microchip design patents on the grounds they claimed abstract ideas, saying the Federal Circuit took too narrow of a view in its analysis of the patents' claims.
San Francisco-based private equity firm Alpine Investors closed its oversubscribed sixth fund after getting $532 million in capital commitments, the firm said on Friday.
A California judge on Friday preliminarily approved Google Inc. and staffing agency’s UrpanTech’s deal paying a combined $5.5 million to resolve a putative class action alleging the companies failed to pay contract recruiters overtime, saying the class notice needs to be tweaked, but overall it is a good settlement.
American Airlines and the Transportation Security Administration are teaming up to test a new 3-D scanner at the Phoenix Sky Harbor International Airport in Arizona that will let passengers keep liquids in their carry-on bags.
Texas Gov. Greg Abbott signed a bill Thursday that will officially allow self-driving vehicles to operate freely on state roads, with or without human supervision.
Amazon announced Friday it will buy Texas-based natural grocery retailer Whole Foods Market Inc. in a $13.7 billion deal, including debt, as the online retail heavyweight further broadens its offerings.
The massive ransomware attack that hit hospitals, telecoms and other businesses around the globe last month locked up far more computer systems than initially reported, with security researchers telling House lawmakers Thursday that some estimates put the number of infected systems between 1 million and 2 million and that it's "highly likely" that a hacking group with links to North Korea carried out the attack.
U.S. regulators are finally arriving at the financial technology party, and experts say two agency initiatives announced in the past month are an encouraging sign the regulators are catching up with their global counterparts when it comes to fostering fintech innovation, but still have a ways to go.
Call it a patch. A fix. But attorneys tasked with hedging the risk companies face from cybersecurity threats are saying Microsoft’s new update to old operating systems is only the first of several big steps companies need to take to protect themselves from hacks.
Leading female intellectual property litigators speaking at a Silicon Valley conference on Wednesday shared hard-won tips on combating gender bias in the courtroom, including how to respond when a frustrated male opponent lashes out with a sexist comment.
Last month, the Federal Communications Commission set a course to revise and replace the 2015 Open Internet Order. While polarized sides of the political spectrum and different industry players battle over how the regulatory landscape will settle, all concerned will be in danger of paying the price of uncertainty in the near term, says professor Evan Franke of George Washington University.
The District of Delaware — where an increased number of patent cases are likely to be litigated following TC Heartland — has recent case law that may make it easier for defendants in patent infringement cases to bring antitrust counterclaims, including against nonpracticing entities, say Adam Hudes and Stephen Medlock of Mayer Brown LLP.
One way local startups have remained competitive is by moving earlier in their growth cycle into co-working spaces, joining technology accelerators, and seeking crowd financing and government grants. This means that startups are confronting very real legal risks sooner than they might otherwise, says Robert Kramer of Finnegan Henderson Farabow Garrett & Dunner LLP.
The U.S. Supreme Court's forceful, largely unanimous patent exhaustion ruling this week in Impression Products v. Lexmark is likely to clear up any clouds on the supply chain brought about by the Federal Circuit’s previous decisions, say Vincent Yip and Peter Wied of LTL Attorneys LLP.
As the computer game industry continues to grow, recent court cases have illustrated that failing to address intellectual property issues can undermine years of marketing and cause other problems. Companies that pay little attention to their IP and those of others do so at their own peril, says Mitchell Feller of Gottlieb Rackman & Reisman PC.
While state banking regulators are naturally pushing back at the Office of the Comptroller of the Currency’s attempt to supervise financial technology companies, more regulator resources should perhaps be placed on creating an environment that encourages and keeps pace with innovation, says Mike Whalen, co-leader of Goodwin Procter LLP's fintech practice.
If we truly believe in providing litigants with a jury of one’s peers, we must adopt strategies to ensure that parties and their representatives have a say in selecting their jury. When only judges participate, the result is a less representative and less fair cross section of the community, say Stephen Susman, Richard Jolly and Roy Futterman of NYU School of Law's Civil Jury Project.
Lawyers faced with clients who can’t or won’t listen to their advice must consider that the core of this risky decision may be a person's inability or refusal to relinquish a prime identity in times of uncertainty, say dispute resolution experts Robert Creo and Selina Shultz.
The continued growth of standalone cyberinsurance products offers a number of potential benefits to insurers and insured alike. However, insurers should proceed cautiously so that in attempting to eliminate "silent killers," they do not inadvertently set in motion greater exposures and clashing coverages, says Daniel Cotter of Butler Rubin Saltarelli & Boyd LLP.
The question isn’t whether automated technology will impact the auto insurance industry, but how big that disruption will be and when that disruption will happen. In this videocast, Eversheds Sutherland partners Kymberly Kochis and Fabian Volz discuss numerous ways the insurance industry will be impacted by automated vehicle technology.