Private equity giants Advent International and Bain Capital have teamed up to buy German payments company Concardis GmbH, the companies confirmed Friday, in a move meant to boost Concardis’ growth and accelerate its international expansion.
Boston, Massachusetts-based JMC Capital Partners has closed its second fund after raking in $206 million from limited partners, with plans to acquire lower middle market companies within the industrial products and industrial technology sectors, the firm has said.
Visage Imaging Inc. won a ruling Wednesday that a patent for a 3-D medical image system is unenforceable after a Georgia federal judge decided that the patent's owner committed inequitable conduct while getting the patent reinstated.
The Ninth Circuit on Thursday revived a suit accusing Apple Inc. of illegally monopolizing the market for iPhone apps, ruling that the phone maker is a distributor from which the buyers directly purchase services in a published decision that split from the Eighth Circuit.
The Federal Circuit reopened the patent fight between Apple and Samsung on Thursday, about a month after the U.S. Supreme Court ruled Samsung may not have to pay all its profits from the smartphones found to infringe Apple’s design patents.
The U.S. Securities and Exchange Commission announced its exam priorities for the year on Thursday, saying the agency's examiners will be reviewing how firms use "robo-advisers," identify financial exploitation of senior investors, and comply with new money market fund rules.
A California subsidiary of the Swiss digital security company Kudelski Group hit NFL Enterprises LLC with a lawsuit in Texas federal court Thursday, accusing the sports media giant of infringing seven of its patents related to video streaming and security software, including one patent for a PIN function on the NFL website.
Nortel Networks Inc. told the Delaware bankruptcy court Thursday that it has come one crucial step closer to confirming a long-awaited Chapter 11 plan after it resolved objections to the strategy stemming from a stubborn intellectual property and trade secrets fight stretching back years.
A kid-tracking device maker received court approval Thursday in Delaware for its Chapter 11 plan of liquidation after closing on a sale of its assets in November and resolving an objection to the plan from an investment banker seeking payment for its fees.
South Dakota Republican Gov. Dennis Daugaard has announced that Amazon.com Inc. will start remitting sales tax in the state, a move that follows Daugaard's signing of a bill seeking to overturn decades-old U.S. Supreme Court precedent that limits states’ ability to collect sales and use taxes from out-of-state sellers.
The U.S. Environmental Protection Agency on Wednesday finalized a rule requiring one-time reporting of existing exposure and health and safety information on nanoscale chemical substances currently in use.
Latham & Watkins attorneys representing Craigslist in an patent infringement suit on Thursday dodged EveryMD’s push for sanctions when a California federal judge agreed with the popular classified listings website that there is not enough support to find the complaint is a “frivolous” tactical maneuver.
Avago Technologies and its affiliates urged a California federal judge Thursday to toss an antitrust suit by electronics maker Funai that accuses them of leveraging their patents to gain a monopoly over the wireless network and video compression markets, saying the allegations are "boilerplate" and don't point to specific harm.
Small-business-focused lending platform Funding Circle has brought in $100 million from a group of private investors led by Accel Partners and featuring Baillie Gifford & Co., Rocket Internet and others, according to a Wednesday statement.
Silicon Valley software provider AppDynamics Inc. on Thursday launched an initial public offering estimated to raise $132 million, advised by Wilson Sonsini Goodrich & Rosati P.C., marking the first so-called unicorn to foray into public markets in 2017 and potentially the first of many.
The Federal Trade Commission has responded to calls from consumer groups urging it to probe internet-connected toys for potential privacy and security risks, vowing Wednesday to "carefully review" concerns over the playthings.
A wireless spectrum trader has settled a dispute with the Federal Communications Commission over allegations it lied about its buildout of wireless infrastructure for $100 million, and possible divestment from its spectrum licenses, the parties announced Thursday.
The Government Accountability Office rejected consolidated bid protests Wednesday challenging the General Services Administration's plan to keep price a secondary consideration in filling the 60 available spots for an up-to-$50 billion IT project, finding costs needn't be a “significant” factor while rejecting the remaining arguments.
Apple Inc. escaped a customer’s suit alleging the tech giant hides the fact that damaged iPhones covered by service plans are replaced with secondhand phones after a California federal judge said Wednesday that the customer had only received new replacement phones and failed to show she relied on the company's supposed misrepresentations.
Paris-based Omnes Capital, which was formerly the private equity branch of Credit Agricole SA, on Thursday said that it has closed an oversubscribed €210 million ($224 million) that will invest in France-based small and medium-size businesses in sectors including technology and transportation.
I recently asked a panel of four federal court judges whether they expect courts to start taking a more active role in e-discovery. They answered with a resounding yes. However, their responses left me wondering whether courts are actually taking a more active role in discovery since the Federal Rules of Civil Procedure amendments took effect in December 2015, says Cristin Traylor of McGuireWoods LLP.
Last month, China's Ministry of Industry and Information Technology published a draft Notice on Regulating Cloud Services Market Activities. The proposed regulations will create new restrictions on foreign investment and partnership activities and set other new requirements, say attorneys from Covington & Burlington LLP.
Over the past year, more than 240 lawsuits, most of them class actions, have been filed against companies, principally in the retail, hospitality and financial services industries, alleging violations of the Americans with Disabilities Act for failure to maintain websites that are accessible to the blind and visually impaired. The trend is likely to continue into 2017, say Lewis Wiener and Alexander Fuchs of Sutherland Asbill & Brennan LLP.
Intellectual Ventures recently filed for a rehearing en banc in Intellectual Ventures LLC v. Symantec Corp. and Trend Micro Inc. for a decision made in the Federal Circuit that invalidated three of its software patents. The invalidation of the patents came as no surprise to most in the industry, but a notable concurrence has turned heads, says Rachael Wallace of Cozen O'Connor LLP.
A recently released report from the nonpartisan Commission on Enhancing National Cybersecurity sets out more than 50 policy recommendations for the next administration. Although it remains unclear how influential the recommendations will be, they deserve careful consideration, and at least some are likely to be pursued by the Trump administration, says Jonathan Cedarbaum of WilmerHale.
On Dec. 1, 2016, the annual updates to the Federal Rules of Civil Procedure went into effect. Revisions include the end of the three-day “mail rule” extension for electronically served discovery, an amendment regarding service of internationally based corporate defendants, and a technical change regarding venues in maritime law actions, say Patrick Reilly and Eldin Hasic of Faegre Baker Daniels LLP.
As expected, U.S. Consumer Product Safety Commission civil penalty settlement amounts increased again this year. 2016 ended up setting records, both for the total dollar amount of civil penalty settlements and for the much-publicized largest single civil penalty settlement amount in CPSC history, says John Celeste of Miles & Stockbridge PC.
Ever consider applying for a judicial appointment in California? Get the lay of the land from Judge George Bird of the Los Angeles Superior Court and Kimberly Knill, a senior appellate court attorney for the California Court of Appeal. Additionally, hear what several recent appointees to the LA Superior Court thought of the judicial selection process.
When trial lawyers fail to recognize the unique challenges faced by in-house counsel, it jeopardizes not only the outcome of the case, but also the opportunities for future representation. These few simple strategies are hardly rocket science, but they are too often neglected, says Matthew Whitley of Beck Redden LLP.
The District of Delaware ruling in GN Netcom Inc. v. Plantronics Inc. is a troubling read for practitioners who have dealt with electronically stored information. Significant ESI preservation steps were taken but the actions of one rogue executive cost the company dearly, says Matthew Scully of Burr & Forman LLP.