In an order issued Sept. 27, Chief U.S. District Judge David Folsom of the Eastern District of Texas doubled the $26.6 million in damages that a Marshall jury awarded Plano-based DataTreasury Corp. (DTC) in a patent infringement suit. Folsom also found that U.S. Bank is the only defendant liable for the judgment.
At the conclusion of a March trial, the jury found that U.S. Bank and Viewpointe Archive Services jointly infringed on two of DTC’s check imaging patents and that their infringement was willful. The jury also awarded $394,000 in damages against U.S. Bank and The Clearing House Payments Co. after finding that they jointly infringed on the DTC patents but that their infringement was not willful. [See "Eastern District Jury Awards $27 Million Against Bank, Companies," Texas Lawyer, April 5, 2010, page 1.]
This content has been archived. It is available through our partners, LexisNexis® and Bloomberg Law.
To view this content, please continue to their sites.
Not a Lexis Subscriber?
Subscribe Now
Not a Bloomberg Law Subscriber?
Subscribe Now
LexisNexis® and Bloomberg Law are third party online distributors of the broad collection of current and archived versions of ALM's legal news publications. LexisNexis® and Bloomberg Law customers are able to access and use ALM's content, including content from the National Law Journal, The American Lawyer, Legaltech News, The New York Law Journal, and Corporate Counsel, as well as other sources of legal information.
For questions call 1-877-256-2472 or contact us at [email protected]