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Posts tagged "Business Litigation"

Fraud, other issues alleged in suit against Ethereum cofounder

Some cryptocurrency investors in California may have heard that one of the founders of the Ethereum project is facing a lawsuit from an ex-business associate. The lawsuit was filed in New York by Harrison Hines, who founded a company called the Token Foundry, against Joseph Lubin. The Token Foundry received support from the ConsenSys project. Lubin was also involved in its founding, and ConsenSys AG and the Consensus Token Foundry LP are named in the suit as well. The company was founded to introduce tokens with new blockchain companies, but most of the staff, including Hines, was laid off in 2018. The lawsuit deals with the possibility that ConsenSys might have concealed information about how it disbursed equity and what employees should have received when the Token Foundry went out of business.

Amazon accused of trademark infringement by Prime Inc.

Each day, Amazon transports thousands of products throughout California in delivery trucks marked "Prime," the name of its premium subscription program. However, Prime Inc., a trucking company from Missouri alleges that the online retail giant's use of "Prime" on vehicles infringes on its trademark.

Lawsuit victory restores iconic Yosemite National Park names

California visitors to Yosemite National Park will soon notice the return of familiar names for many of the park's lodgings and visitor destinations. This is because the national park has emerged victorious after a four-year court battle with its former concessionaire. As a result of the lawsuit, several names of iconic structures within the park had to be changed, including hotels, lodges and a popular ski area.

9th Circuit upholds judgment in Bob Marley infringement case

Jammin Java Corp. failed in its appeal of a ruling that awarded Hope Road damages for breach of contract and trademark infringement. Hope Road controls the rights to the works of the famous reggae artist Bob Marley. The U.S. Court of Appeals for the Ninth Circuit affirmed the previous decision made in U.S. District Court for the Central District of California. The central district court had favored Hope Road with a partial summary judgment that ordered Jammin Java to pay damages of $2.83 million. This sum represented $2.46 million related to trademark infringement and $371,159 for unpaid royalties.

Tax prep companies accused of defrauding tax filers

Two leading tax preparation companies that many California taxpayers routinely turn to for their annual tax-filing needs, Intuit-owned TurboTax and H&R Block, have been accused of deceptive business practices. This is according to two separate lawsuits filed in early May of 2019. Both companies are accused of violating the state's unfair competition law.

Companies spending more to defend class action lawsuits

Businesses in California and across the country are paying more to defend themselves from class action lawsuits, even though there are fewer such cases than in the past. In many cases, the issues involved are often complex and expert-heavy. Between 2010 and 2014, companies spent decreasing amounts to defend themselves in these types of cases. However, from 2014 to 2018, spending has steadily increased once again, reaching $2.46 billion in legal costs in 2018.

Supreme Court hears arguments on copyright registration

Oral arguments on Jan. 8 in the Supreme Court focused on resolving a difference in how circuit courts interpret one aspect of copyright law, and this could affect some California businesses. The disagreement hinges on what qualifies as "registration". Some courts have used what is called the "application approach". In this approach, a work would be considered registered once the owner of the copyright submitted all necessary materials to the U.S. Copyright Office. Courts using the "registration approach" argued that registration had not taken place until a decision was made by the USCO.

Federal appeals court sides with brewery in trademark dispute

Many California drinkers enjoy craft beers, and the breweries that produce them place great value on their brand names and trademarks. Saint Louis Brewery LLC had to go to court to defend its intention to trademark the surname Schlafly. The legal dispute progressed to a federal appeals court, where a 3-0 decision affirmed the company's right to the trademark. One of the judges said that the name had developed a secondary meaning as a beer brand beyond its origin as a surname.

Trade secrets litigation on the rise with new federal law

Before the signing of the Defend Trade Secrets Act in 2016, state courts in California handled litigation for violations of trade secrets. Defenders of intellectual property can now bring these cases before federal courts when they want to charge another party with misappropriation of trade secrets.

Fujifilm seeks more than $1 billion in damages from Xerox

Two major companies with California operations are engaged in a legal dispute following the failure of their planned corporate merger. Fujifilm filed suit on June 18 seeking more than $1 billion plus punitive damages from Xerox. Fujifilm alleges that Xerox abandoned the companies' planned $6.1 billion merger due to pressure from activist investors Darwin Deason and Carl Icahn.

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