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Deal Lawyers Mostly Mum on HP's Ill-Fated Autonomy Acquisition
Hewlett-Packard is asking regulators in the U.S. and the U.K. to investigate financial improprieties involving British software company Autonomy, which HP acquired for $11.1 billion last year. Perhaps not surprisingly, calls to the lead in-house and external lawyers on the deal yielded mostly silence.Deal Lawyers Mostly Mum on HP's Ill-Fated Autonomy Acquisition
Hewlett-Packard is asking regulators in the U.S. and the U.K. to investigate financial improprieties involving British software company Autonomy, which HP acquired for $11.1 billion last year. A total of seven Am Law 100 and international firms advised the two companies on a merger that HP now claims will cost it $8.8 billion due to "accounting improprieties" and "outright misrepresentations" on the part of Autonomy. Perhaps not surprisingly, The Am Law Daily's calls to the lead in-house and external lawyers on the deal—the largest-ever in the legal technology sector—yielded mostly silence.Strategies for Content-Hosting Web Sites
Although the large-scale communication on the popular Web site YouTube effectively spreads information, copyright owners believe it directly infringes their rights. From YouTube's perspective, taking steps to prevent the posting of potentially infringing content could destroy its business model. The U.S. Copyright Act may provide a critical solution to this dilemma. The act provides a statutory "safe harbor" that potentially protects content-hosting service providers from liability to copyright owners.Problems With the Patent System: Nothing Cash Can't Cure
A new patent reform bill was introduced in Congress on April 18, and the lobbyists are circling. Some points receive nearly unanimous support -- the Patent and Trademark Office is overburdened, and it's time for America to dump its unique first-to-invent system for the first-to-file system common in the rest of the world -- but others are the subject of hot debate. High-tech companies are spending more than ever to convince legislators that change is good, but what's really needed depends on who you ask.Fed. Circuit Chief: Let Us Handle Fixes
Hoping to stave off congressional action, the chief judge of the U.S. Court of Appeals for the Federal Circuit is pressing lawyers to push for more cases that force the court to address fundamental patent questions.Trending Stories
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