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Former Hinshaw Partner Implicated in Fraud Scheme
The Securities and Exchange Commission has charged Todd Duckson, a former capital markets partner at Hinshaw & Culbertson and current CEO of Minneapolis-based specialty finance company True North Finance, with defrauding several hundred investors in a real estate lending fund. The SEC's complaint accuses Duckson and two executives of the Capital Solutions Monthly Income Fund of concealing from investors that the fund had no significant income because of the financial collapse of its sole business partner.Intel Loses a Second Patent Fight With Intergraph Corp.
Intel Corp. lost its second patent battle against Intergraph Corp. last week when a Texas federal court ruled that Intel's Itanium microprocessors infringe two Intergraph patents. But the stakes weren't as high as they were in the previous dispute. That's because attorneys hammered out an unusual settlement in the first case that limited the damage award to $150 million in the second case, with an additional $100 million tacked on if Intel loses an appeal.Former Hinshaw Partner Implicated in Fraud Scheme
The SEC has charged Todd Duckson, a former capital markets partner at Hinshaw & Culbertson and current CEO of Minneapolis-based specialty finance company True North Finance, with defrauding several hundred investors in a real estate lending fund.Federal Circuit upholds preliminary injunction in case over frozen liver cells
A recent split decision by the U.S. Court of Appeals for the Federal Circuit illustrates the divisions in the court over the standards for preliminary injunctions as well as for patent invalidity based on obviousness.On Jan. 9, the majority in Celsis In Vitro Inc. v. CellzDirect Inc. affirmed a preliminary injunction for Celsis against CellzDirect and Invitrogen Corp.
Y'stone Club creditors seek to sue Credit Suisse
BILLINGS, Mont. AP - Creditors owed tens of millions of dollars by the Yellowstone Club are seeking to sue Credit Suisse for arranging a "fraudulent" $375 million loan that largely ended up in the pockets of the club's owners.The millionaires-only ski resort on 13,600 acres south of Bozeman has been under federal bankruptcy protection since November, after falling almost $400 million into debt.Trending Stories
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