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On May 21, a Texas jury rendered a verdict against software giant Microsoft, and awarded a relatively small Canadian software company $200 million after finding that Microsoft had infringed on i4i’s proprietary technology. And this isn’t even the first time this year that a jury has found in favor of a much smaller business in [...]
On April 27, a California Federal Court upheld a jury’s $100 million verdict that was rendered in favor of Mattel, Inc., against MGA Entertainment Inc., based on their finding that the concept for the immensely popular Bratz dolls had originated with Mattel, but this idea was pirated, or stolen, by MGA. In rendering his opinion, [...]
In a big victory for a property owner who brought a breach of insurance contract lawsuit against their insurance company (State Farm), New York’s highest court held invalid State Farm’s disclaimer of coverage for the building owner’s claims that they sustained damage to the foundation when improper excavation work that was done on the immediately adjacent lot caused the earth beneath the [...]
As I was sifting through my e-mails, I came across an article that commented in an off-the-cuff fashion how a small business can ill afford to risk being uninsured against employee theft. While many of us were and are aware that these policies are readily available as addenda to business insurance policies, I was more [...]
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