In this edition, a lawyer-inventor wants a royalty on cell phone 911 calls; a RIM subsidiary fires off a lawsuit at Motorola; a small Chicago trading firm takes on two big banks; and a fight over a piglet-saving vaccine.
Going After Big Banks
Edge Capture LLC et al. v. Barclays Bank PLC et al., N.D. Illinois 09-cv-01521.
Holding company Edge Capture and partner Edge Specialists LLC sued two international banks--Barclays and UBS--as well as a Chicago-based trading technology company, Wolverine Trading, for patent infringement.
Edge Capture owns two patents issued in 2007, 7,251,629 and 7,177,833, while Edge Specialists LLC is an "independent software vendor" owner by inventor Thomas M. O'Donnell, who has extensive experience in financial markets.
In its suit, O'Donnell's company emphasizes its "extensive United States patent protection" for its trading tools. The plaintiffs are represented by a legal team at Robins, Kaplan, Miller & Ciresi, led by powerhouse patent litigator Ron Schutz, who has won big awards for St. Clair IP Consultants and Grantley Patent Holdings, among others.