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Lower Chinese court rules shops should pull iPads
Court Watch |
2012/02/20 09:42
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Apple's dispute over the iPad trademark deepened Monday after the Chinese company that claims ownership of the name said it won a court ruling against sales of the popular tablet computer in China.
Xie Xianghui, a lawyer for Shenzhen Proview Technology, said the Intermediate People's Court in Huizhou, a city in southern China's Guangdong province, had ruled on Friday that distributors should stop selling iPads in China.
The ruling, which was also reported widely in China's state media, may not have a far-reaching effect. In its battle with Apple, Proview is utilizing lawsuits in several places and also requesting commercial authorities in 40 cities to block iPad sales.
Apple Inc. said in a statement Monday that its case is still pending in mainland China. The company has appealed to Guangdong's High Court against an earlier ruling in Proview's favor.
Apple insists it holds the trademark rights to the iPad in China. |
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Teen pleads not guilty in Ohio Craigslist killings
Court Watch |
2012/02/17 11:03
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An Ohio teen has pleaded not guilty to killing one man and attempting to kill a second in a deadly Craigslist robbery scheme that targeted older and single out-of-work men.
Brogan Rafferty, his ankles and wrists cuffed, made a brief appearance Friday in adult felony court in Akron on charges originally filed in Noble County, where the case unfolded.
Rafferty, dressed in a white T-shirt and orange jail pants, also has been charged with three counts of aggravated murder in juvenile court in Summit County. Prosecutors eventually hope to merge the cases in adult court in Akron.
A magistrate continued Rafferty's $1 million bond. His attorney says Rafferty cannot afford it.
A onetime mentor of Rafferty, 52-year-old Richard Beasley of Akron, has pleaded not guilty in the killings. |
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EU court: Web sites need not check for IP breaches
Court Watch |
2012/02/15 09:56
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A European Union court ruled Thursday that social networking sites cannot be compelled to install general filters to prevent the illegal trading of music and other copyrighted material.
The decision is a victory for operators of social networking sites in the EU, but a setback for those who seek to protect copyrighted material from being distributed without payment or permission.
It also comes as protests are growing in Europe against ACTA, the proposed international Anti-Counterfeiting Trade Agreement, which is meant to protect intellectual property rights.
In Thursday's decision, the EU Court of Justice, which is based in Luxembourg, ruled that requiring general filters that would cover all the site's users would not sufficiently protect personal data or the freedom to receive and impart information.
SABAM, a Belgian company that represents authors, composers and music publishers, filed the lawsuit leading to Thursday's ruling. In it, the company objected to the practices of Netlog NV, a social networking site, saying users' profiles allowed protected works to be shared illegally.
Michael Gardner, head of the intellectual property practice at London law firm Wedlake Bell, called the ruling a further blow to copyright owners because it appears to rule out forcing operators of social network sites and Internet service providers — at their own expense — to impose blanket monitoring and filtering aimed at stopping infringements. |
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Lehman Brothers sues Citigroup for $2.5B
Court Watch |
2012/02/10 09:30
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Lehman Brothers Holdings Inc. and its creditors are suing several units of Citigroup Inc. to recover $2.5 billion the failed investment bank transferred to a backup account at Citi months before seeking bankruptcy court protection.
In the complaint filed on Wednesday with the U.S. Bankruptcy Court for the Southern District of New York, Lehman claims that Citibank is wrongfully withholding the money as a potential source of funds in a dispute over derivative contracts.
Lehman also is asking the court to disallow what it says are $2 billion of "inflated and legally unsupported" claims that Citibank has asserted against it.
In a statement Thursday, Citigroup vowed to defend itself and its right to recover losses from Lehman's collapse. It called the lawsuit unjustified and accused Lehman of trying to renege on its obligations and claw back assets to which it has no right.
According to the lawsuit, Citi demanded on June 12, 2008, that Lehman transfer between $3 billion to $5 billion into an account to cover potential overdrafts by Lehman subsidiaries that were using Citi's clearing and settlement services. |
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Oracle rejects $272M SAP award, wants new trial
Court Watch |
2012/02/07 10:08
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Database software maker Oracle is rejecting a court-ordered award for $272 million from German rival SAP, saying it would rather have another trial over SAP's theft of software and customer-support documents.
A jury awarded Oracle Corp. $1.3 billion in the case in November 2010, but a federal judge cut that amount last September. Oracle said then that it would seek a new trial.
In a Monday court filing, the Redwood City, Calif., company says it rejected the award.
SAP AG has admitted that a now-closed subsidiary, TomorrowNow, pilfered Oracle's intellectual property. Oracle argued that this helped SAP undercut Oracle for similar services. SAP said it didn't make much use of the documents and should have to pay only $40 million.
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Investment Fraud Litigation |
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Securities fraud, also known as stock fraud and investment fraud, is a practice that induces investors to make purchase or sale decisions on the basis of false information, frequently resulting in losses, in violation of the securities laws. Securities Arbitration. Generally speaking, securities fraud consists of deceptive practices in the stock and commodity markets, and occurs when investors are enticed to part with their money based on untrue statements.
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The content contained on the web site has been prepared by Securities Law News as a service to the internet community and is not intended to constitute legal advice or a substitute for consultation with a licensed legal professional in a particular case. | Affordable Law Firm Website Design by Law Promo |
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