A settlement has been reached in the patent dispute between SecureBuy, LLC, and Ohio-based CardinalCommerce Corporation. In November 2013, SecureBuy initiated a lawsuit against Cardinal in a federal court that contested the latter's patents with the U.S. Patent and Trademark Office. Both organizations deal in online security. SecureBuy, a security firm with an emphasis on safeguarding online purchases, has since acknowledged the validity of Cardinal's patents and withdrawn its litigation. The issue concerned Cardinal's inventions concerning the Universal Merchant Platform and its role in authenticating payments on the Internet.
A Ohio founded aerospace company known as Eaton Corp. has been trapped in business litigation since 2004. The legal clashes are between Eaton and Frisby Aerospace, a rival company. The issues began when Eaton filed suit, claiming that Frisby had hired six engineers who then stole Eaton trade secrets and used them in their work at the other company.
Tech investors in Ohio and around the country may have followed the news that the U.S. Supreme Court has agreed to review a lower court ruling that some felt might unnecessarily widen liability in patent infringement claims. The focus of the business litigation that would be looked at involves alleged inducement of infringement. One of the matters involves media content and the other centers on software used in healthcare systems.
Companies in Ohio that do business internationally may be affected by the ongoing negotiations between the U.S. and 11 other countries over the Trans-Pacific Partnership Agreement. The TPP talks, which involve countries lining the Pacific rim, seem to be stuck over intellectual property issues that could lead to business litigation, forcing negotiations into their 19th round. These trade negotiations would be considered game-changers in how the U.S. does business with those parts of the world.
Harper Lee, the 87-year-old-author of the iconic novel "To Kill a Mockingbird", reached a settlement in a copyright theft lawsuit that she had filed earlier this year against her former agent who she contended had conned her out of her copyright interest in her novel. "To Kill a Mockingbird", first published in 1960, is considered to be one of the greatest novels in the history of American fiction.