UPDATE: 8/13/13, 10:20 a.m. EDT. Information from DLA Piper's U.S. chief information officer Don Jaycox has been added to the fifth paragraph of this story.
BlackBerry Ltd., owner of the ubiquitous handheld device of many Am Law 200 lawyers and staffers, has turned to its longtime outside counsel at Skadden, Arps, Slate, Meagher & Flom and Canadian firm Torys to help explore its strategic options.
The Waterloo, Ontario–based telecommunications and wireless equipment company
announced Monday that its board of directors has formed a special committee to examine alternatives that include “possible joint ventures, strategic partnerships or alliances, a sale of the company or other possible transactions.”
BlackBerry has always had an interesting legal history.
Back in 2004, the U.S. Court of Appeals for the Federal Circuit heard oral arguments in a patent case between Research in Motion and a Virginia-based company called NTP Inc., which claimed that the BlackBerry maker was infringing on its patents.
Bloomberg reported in June that the 54-year-old Zipperstein, a former general counsel of Verizon Wireless who was lured out of retirement to join BlackBerry, was finding himself increasingly busy dealing with angry investors and ongoing patent disputes bedeviling the electronics maker. (
Click here and
here for Q&A’s with Zipperstein reflecting on his in-house career, courtesy of sibling publication
Corporate Counsel.)