New USPTO GC Vows Government Won't 'Micromanage' IP
By Bonnie Eslinger
John Duffy, the new U.S. Patent and Trademark Office general counsel and acting solicitor, told patent professionals gathered in San Francisco on Thursday that the economic use of patent rights is best handled by the private sector and that governments here and elsewhere shouldn't "micromanage the commerce of intellectual properties."
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ENFORCEMENT
LITIGATION
Zoox Investors, Directors Clash Over Amazon Deal Class
By Jarek Rutz
The Delaware Chancery Court on Thursday took under advisement a bid to certify a class of former Zoox Inc. common stockholders challenging Amazon.com Inc.'s $1.3 billion acquisition of the autonomous vehicle company, after hearing arguments over whether releases signed by most proposed class members prevent the case from proceeding on a classwide basis.
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Humana Brass Face Derivative Suit Alleging Illegal Kickbacks
By Jarek Rutz
A Humana Inc. shareholder is suing 12 current and former company leaders in Delaware Chancery Court, alleging they allowed the health insurer to pay more than $100 million in illegal broker kickbacks, to conceal worsening medical costs and Medicare Advantage plan quality, and to waste more than $1.5 billion buying back company stock at inflated prices.
Complaint attached |
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PEOPLE
EXPERT ANALYSIS
LEGAL INDUSTRY
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