A multi-day trial between a Japanese internet media giant and a Chinese technology conglomerate over the patent rights to popular online games ended Friday with a federal jury in Marshall awarding $92 million.
$410M+ Merger Breakup Trial Begins in Delaware Next Week
The final chapter of Energy Transfer and Williams’ legal battle over their failed mega-merger from 2016 will unfold in a six-day trial that begins Monday in Delaware. If you forgot what they’re still fighting about, not to worry. Natalie Posgate has the who, what, when, where and why to refresh your memory.
Fort Worth Judge Dismisses Shareholder Derivative Suit Against Six Flags Board
For the second time this spring, a Fort Worth federal judge has dismissed with prejudice a lawsuit that stemmed from a business deal that fell apart between Arlington-based Six Flags Entertainment Corp. and Riverside Investment Group related to the development of Six Flags parks in China.
Virtual Mediations and Patent Litigation: Lessons Learned and Best Practices
Mediation has always been an important part of patent litigation – especially in the Eastern District of Texas. Because of the Covid-19 pandemic, virtual mediations have become an important and successful way to resolve patent disputes. We have conducted or participated in more than 50 virtual patent mediations since the pandemic began, and these recommended best practices are based on our experiences over the past year.
Jury Clears Dril-Quip, Engineer of Liability in Trade Secrets Trial — Updated
A Houston jury ruled Thursday afternoon that Houston-based TechnipFMC did not own trade secrets related to subsea drilling designs that the company had accused hometown rival Dril-Quip and ex-FMC engineer Rick Murphy of misappropriating, handing FMC a take-nothing verdict.
Lawyers for Dril-Quip and Murphy said they were thrilled with the result. An attorney for FMC said the company respects the verdict, but promised an appeal.
Defense Lawyers in Trade Secrets Trial Against Technip FMC: Where’s the Beef? — Updated
For a day and a half, a Houston jury has been weighing whether Houston-based Dril-Quip and one of its engineers stole trade secrets from TechnipFMC, a rival competitor in the subsea drilling industry, and if so, how much those trade secrets are worth. They return Thursday morning to continue the debate.
APCON Scores Defense Patent Win in EDTX
A federal jury in East Texas has cleared patent infringement liability for APCON Inc., an Oregon-based network security company with significant operations in Plano. The jury also invalidated five patents owned by the plaintiff, Gigamon.
WDTX Jury: No Dough for VLSI in Second Trial Against Intel — Updated
Nearly two months after a Waco jury rendered a $2.175 billion verdict for VLSI in the first installment of its three-part patent infringement legal battle with Intel, a separate jury in the same courtroom Wednesday rendered a victory for Intel, sending hedge fund-owned VLSI home with zero dollars. Legal experts told The Lawbook why they thought Intel had better success this time around.
13 Years Later, Trade Secrets Legal Battle Is Over … Almost
A decade-plus-old trade secrets legal battle is closer to a resolution after a jury awarded $86 million to Plano-based AMS Sensors USA on Friday. The litigation has gone before two East Texas juries, two federal trial judges and the Federal Circuit. Natalie Posgate details the twists and turns for AMS and its lawyers at Munck Wilson Mandala.
Stanford Fraud Receiver Recovery Approaches $1 Billion
A dozen years of work for Baker Botts partner Kevin Sadler, a lawyer for the receiver in the Stanford financial fraud case is paying off. This month, the 18,000 victims of the Ponzi scheme are splitting $216 million, bringing the total paid so far to $935 million. Two more cases are nearly close, which will add another $190 million. And then there’s the biggie against the banks.
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