An arbitration award has ordered China's Aviation Industry Corporation or AVIC to pay over 70 million U.S. dollars to an U.S. wind firm for breach of contract. AVIC did not immediately respond to requests for comment. Dallas-based Tang ...
Tags: China's AVIC, U.S.Wind Firm
St. Jude Medical and Volcano Corp. have apparently decided to stand down when it comes to lawsuits related to technologies including tunable lasers used in optical coherence tomography (OCT) imaging systems. The two companies have agreed ...
For third-quarter 2013, GigOptix Inc of San Jose, CA, USA (a fabless supplier of analog semiconductor and optical communications components for fiber-optic and wireless networks) has reported revenue of $7.3m, down 28% on $10.1m a year ago ...
Tags: GigOptix, Electrical, Electronics
Ontario’s Superior Court certified three class-action lawsuits for trial against the developers, builders and subcontractors of three Toronto condominiums after glass panes fell from the balconies starting in 2010, according to an ...
The Federal Reserve Bank of St. Louis and McCarthy Building Cos. might soon reach a negotiated settlement in their dispute over the allegedly defective windows the building contractor had installed five years ago. The Federal Reserve Bank ...
Tags: McCarthy Building
The Australian state of Queensland has said that it will not allow IBM to enter any new contracts with the state government "until it improves its governance and contracting practices". The ban was made in a statement today by Premier ...
Tags: IBM, Payroll Project
Many small and medium-sized enterprises took a direct hit from the bank liquidity squeeze in June, which disrupted their cash flow and boosted the cost of financing. Figures from Shanghai-based Wind Information, a financial data provider, ...
Tags: Credit Crunch, Smaller Firms
Online grocery retailer Ocado is “playing with fire” as it negotiates a deal with Morrisons, which is eyeing a late entry into the online market, analysts have warned. Ocado has been accused of 'playing with fire' as it ...
Tags: Ocado, grocery retailer, Food
An appeals court in Mexico has overturned an approximately US$2.7 billion judgment against Yahoo and Yahoo Mexico in a breach-of-contract suit concerning online directories. Yahoo announced on Thursday it had won its appeal of the case in ...
Tags: Yahoo, Appeal, Mexican Court
Online grocery retailer Ocado is “playing with fire” as it negotiates a deal with Morrisons, which is eyeing a late entry into the online market, analysts have warned. Ocado has been accused of 'playing with fire' as it ...
Giant sent a note to its retailers last week saying they can continue selling Maestro-equipped mountain bikes without fear of an ongoing legal dispute over alleged patent infringement. DW-Link, owned by Dave Weagle, had filed a patent ...
Tags: Giant, DW-Link Suit
A U.S. judge ruled Thursday that Motorola Mobility is entitled to substantially less royalties than it wanted from Microsoft for the company's use of wireless and video-encoding patents in its Xbox products. The ruling, handed down in the ...
Tags: Microsoft, Xbox Patent, Computer Products
Salesforce.com, a pillow manufacturer and an employee of the pillow maker are caught up in a complex three-way legal battle, with a $125,000 American Express bill and an allegedly failed software implementation at the center of the dispute. ...
Tags: Salesforce, Pillow Maker, Computer Products
Cloud computing company Rackspace has sued two companies it describes as 'patent trolls' for breach of contract, and asked a federal court for a declaratory judgment that it did not infringe three patents owned by one of the companies, ...
Tags: Cloud computing, Computer
Furniture retailer and inventor Billy Joe Griggs has sued multinational giant Li & Fung in U.S. District Court here, claiming the company is illegally producing sofas in China that incorporate his proprietary ready-to-assemble technology. ...