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The Taxman, Technology Litigation and Cavalier Settlement Structures

JD Supra Law

Intellectual property (“IP”) is hugely important to businesses. Given that importance, IP owners must occasionally litigate against the unauthorized use of their technology. The costs of such litigation and appurtenant settlements implicate a host of federal income tax issues.

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Court Keeps DMCA Subpoena Shortcut Closed, Restricts Piracy Settlements

TorrentFreak

Tracking BitTorrent pirates isn’t all that hard since IP addresses are openly broadcasted. In the United States, subpoenas are typically obtained by filing a copyright complaint in federal court against a “John Doe” who’s known only by an IP address. The movie companies used various arguments to make their case.

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Longford Argues Patent Settlement Row Must Be Arbitrated

IP Law 360

Litigation funder Longford Capital has asked a Delaware federal court to send its dispute over a settlement with Arigna Technology Ltd. to arbitration, saying the arbitration agreement between the two parties is valid despite the Irish patent holding company's claims otherwise.

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Class Counsel Seeks $31M From $93M Lipitor Settlement

IP Law 360

Attorneys representing a class of buyers in antitrust litigation against Pfizer over the cholesterol medication Lipitor have asked a New Jersey federal judge to approve their request for $31 million in fees after the two sides agreed to a $93 million settlement in February.

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Movie Companies Sue Lawyer in Dispute Over Piracy Settlement Cash

TorrentFreak

For companies whose movies are downloaded and shared illegally, solutions have been developed that allow them to monitor suspected pirates and track them back to their ISPs, before obtaining their identities and making a settlement offer to end the risk of a full-blown lawsuit.

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Judge In Del. Asks DOJ To Look Into IP Edge Patent Litigation

IP Law 360

The top federal judge in Delaware concluded Monday that the Texas attorneys behind prolific patent litigation funding outfit IP Edge might have broken the law — and their ethical obligations as lawyers — by litigating ferociously for settlements from tech companies while operating behind a shadowy network of "relatively unsophisticated individuals." (..)

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Recent Caltech Settlements Point to Strength of Cases Against Other Big Tech Firms

IP Watchdog

Following years of infringement litigation over its patented wireless chip technologies, the California Institute of Technology (Caltech) has recently enjoyed a pair of settlement outcomes pointing to the strength of the research university’s patent holdings.