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Posts tagged "Business Litigation"

Settlement reached in Fujifilm case

When Texas companies get involved in business disputes, a planned merger can easily be derailed. Fujifilm recently launched a lawsuit against Xerox for $1 billion. The lawsuit also requested punitive damages be awarded. The photocopier company reportedly owes $183 million in fees according to Fujifilm for terminating the merger. The suit claimed "intentional and egregious conduct" as the primary reason for ending the merger deal.

Gucci and Guess fashion brands resolve trademark disputes

Consumers in Texas might not realize the legal difficulties that sometimes flare up among their favorite fashion brands. For example, luxury brand Gucci has been battling Guess for nine years in multiple countries. Gucci alleged that the diamond pattern logo for Guess represented a direct copy of its trademark. After litigating the issue around the world, the companies announced that they have settled their disagreements concerning intellectual property.

BlackBerry sues Facebook for infringement of 7 patents

Before smartphones, many people in Texas used devices from BlackBerry for text messaging. Although the company has ceded the mobile device market to its competitors, the company holds approximately 40,000 patents, and many of them concern cybersecurity software. Determined to derive income from its substantial portfolio of intellectual property, the company has filed a lawsuit against Facebook and its companies Instagram and WhatsApp.

Bill Nye, Science Guy, accuses Disney of $9-million fraud scheme

"Hollywood accounting" led to Bill Nye being underpaid by at least $9,350,565, according to a lawsuit against Disney and a number of affiliated companies. Nye, the star of the extremely popular "Science Guy" television series in the 1990s, accuses Disney of using a variety of mischaracterizations, false charges and shady accounting practices to avoid paying him and the show's other owners their fair share of the profits.

CFPB ban on mandatory consumer arbitration may attract challenge

The Consumer Financial Protection Bureau's new rule prohibiting mandatory arbitration clauses in most consumer banking contracts has just been published in the Federal Register, which makes it official. However, the rule's publication also starts the clock on two challenges that may be brought against it.

When trade secrets are involved, disputes can get ugly

Trade secrets can be among the most valuable assets a company has. By definition, a trade secret is something that must be kept confidential. Without secrecy, the document, device, or technique in question could be worthless because it is no longer a trade secret.

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