Justice Jennifer Schecter sits as a judge in the Commercial Division in New York County. (Photo by David Handschuh/NYLJ) Decision of the Day: Blockchain Company With Infringement Suit Against Coinbase Ordered to Pay Punitive Damages in Unrelated Case Involving Patents
This decision was picked from New York's court dockets and summarized by the Law Journal's decision editors.
January 06, 2023 at 09:45 PM
2 minute read
In a derivative action, the court found that defendant Reggie Middleton, founder of blockchain company Veritaseum, wrongfully caused patents belonging to defendant company to be transferred to and owned by himself personally in breach of his fiduciary duty of loyalty to the company.
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