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September 27, 2007

Court Ruling Increases Bankruptcy Risk for Vonage

Filed under: Uncategorized — admin @ 10:06 am

For the second time in two days, Internet phone company Vonage Holdings Corp. was hit with bad legal news yesterday when a federal appeals court upheld a jury verdict and injunction against it for patent infringement, the Associated Press reported yesterday. A Virginia jury had awarded Verizon Communications Corp. $58 million in damages in March plus 5.5 percent royalties on future revenues after finding that Vonage violated three Verizon patents in building its Internet phone system. The U.S. Court of Appeals for the Federal Circuit partially upheld the March verdict, directing the trial court to reconsider the verdict on one of the three patents. It also vacated the damages and royalty awards. On Tuesday, Vonage was ordered to pay Sprint Nextel $69.5 million in damages after a jury found that Vonage willfully infringed on six Sprint telecommunications patents. Buckingham Research Group analyst Qaisar Hasan said the risk of bankruptcy ”is now increasingly real” for the Internet telephone company.

Cox Says SEC Will Review Credit Agencies’ Subprime Role

Filed under: Uncategorized — admin @ 10:00 am

September 26, 2007

Credit Rating Firms Set to Testify on Capitol Hill

Filed under: Uncategorized — admin @ 11:22 am

September 25, 2007

Judge Denies Bid for Early Appeal on Enron Bankruptcy Ruling

Filed under: Uncategorized — admin @ 2:27 pm

House Bill Would Allow Bankruptcy Courts to Alter Mortgages

Filed under: Uncategorized — admin @ 2:18 pm

September 21, 2007

Interim U.S. Trustee Named for Region 9

Filed under: US Trustee — admin @ 8:41 am

Congressman Eyes Markup on Foreclosure/Tax Burden Measure

Filed under: Uncategorized — admin @ 8:37 am

September 20, 2007

Asarco Asks Court to Toss $68 Million Texas Cleanup Claim

Filed under: Uncategorized — admin @ 4:28 pm

House Hearing to Exmaine Steps to Minimize Subprime Crisis

Filed under: Uncategorized — admin @ 4:22 pm

September 19, 2007

House Passes Comprehensive FHA Reform

Filed under: Uncategorized — admin @ 3:33 pm
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