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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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CDK's $100M Deal Puts Auto Dealer Settlements Up To $130M

IP Law 360

Car dealerships sought preliminary approval Friday for a $100 million class action settlement resolving claims that auto dealer data management software giant CDK Global anticompetitively locked out rival data companies, adding to the $29.5 million agreement reached previously in the sprawling litigation with CDK peer Reynolds and Reynolds.

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Fed. Circ. Topples Verdict In Tire Design IP Litigation

IP Law 360

The Federal Circuit on Friday determined that a federal court in Chicago had it wrong about what kind of conduct in litigation is granted "absolute litigation privilege," upending a multimillion-dollar jury verdict on liability over language in settlement agreements in a dispute over tire designs.

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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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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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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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Netgear Gets $135M In TP-Link IP Deal

IP Law 360

as part of a settlement of the companies' patent and contract litigation over Wi-Fi routers in the U.S. Netgear Inc. has received $135 million from TP-Link Systems Inc. International Trade Commission and California federal courts.