New FASB Rules and Your Balance Sheet

On February 25, 2016, the Financial Accounting Standards Board issued a long-anticipated Accounting Standards Update that may dramatically affect many lessees.

Delaware Intellectual Property Law Update

This update provides short updates on judicial decisions, trends, and notable events in the United States District Court for the District of Delaware, traditionally one of the three busiest jurisdictions for intellectual property litigation.

Judge Andrews Resolves Jury Instruction Dispute

In EMC Corporation, et al. v. Pure Storage Inc., C.A. No. 13-1985-RGA (D. Del. Feb. 29, 2016), Judge Andrews granted Plaintiffs’ motion for summary judgment of infringement as to certain claims of the ‘015 Patent against Pure Storage Inc. (“Pure”). In light of disagreements over the proposed jury instruction on the Court’s finding of infringement, the…

Judge Robinson Grants New Trial

In Carrier Corp. v. Goodman Global, Inc. et al., C.A. No. 12-930-SLR (D. Del. Feb. 22, 2016), Judge Robinson “reluctantly” granted a motion for a new trial brought by the defendants (“Goodman”) based on: (1) improper statements made by the plaintiff regarding an indemnity provision in a purchase order between Goodman and the manufacturer of…

Judge Robinson Denies Motion to Transfer And To Strike Preliminary Injunction Motion

In Hologic, Inc. and Cytyc Surgical Products, LLC v. Minerva Surgical, Inc., C.A. No. 15-1031-SLR (D. Del. Feb. 29, 2016), Judge Robinson denied the defendant’s motion to transfer venue and to strike Hologic, Inc.’s (“Hologic”) motion for preliminary injunction. First, the Court rejected Minerva Surgical, Inc.’s (“Minerva”) motion to transfer venue to the Northern District of…

Judge Andrews Denies Motion to Dismiss for Lack of Standing

In EMC Corporation, et al. v. Pure Storage, Inc., C.A. No. 13-1985-RGA (D. Del. Feb. 29, 2016), Judge Andrews denied Pure Storage, Inc.’s challenge to EMC Corporation’s (“EMC”) standing to sue for infringement. Originally, the patents in suit were assigned by the co-inventors to Data Domain, Inc. EMC acquired Data Domain, Inc. in 2009 (which later…

Judge Thynge Grants Summary Judgment on Defendants’ Licensing Defense

In FutureVision.com, LLC v. Cequel Communications LLC et al., C.A. No. 13-855-MPT (D. Del. Mar. 1, 2016), Magistrate Judge Thynge granted summary judgment on the defendants’ license defense, thus barring the plaintiff’s infringement claims. The defendants, cable operators with cable systems throughout the United States, successfully argued that each of the accused services were expressly licensed…

2016 Amendments to the General Corporation Law of the State of Delaware

Legislation proposing to amend the General Corporation Law of the State of Delaware (the “DGCL”) has been released by the Corporate Council of the Corporation Law Section of the Delaware State Bar Association and, if approved by the Corporation Law Section, is expected to be introduced to the Delaware General Assembly. If the amendments become effective,…