Connect with us

Global Banking and Finance Review is an online platform offering news, analysis, and opinion on the latest trends, developments, and innovations in the banking and finance industry worldwide. The platform covers a diverse range of topics, including banking, insurance, investment, wealth management, fintech, and regulatory issues. The website publishes news, press releases, opinion and advertorials on various financial organizations, products and services which are commissioned from various Companies, Organizations, PR agencies, Bloggers etc. These commissioned articles are commercial in nature. This is not to be considered as financial advice and should be considered only for information purposes. It does not reflect the views or opinion of our website and is not to be considered an endorsement or a recommendation. We cannot guarantee the accuracy or applicability of any information provided with respect to your individual or personal circumstances. Please seek Professional advice from a qualified professional before making any financial decisions. We link to various third-party websites, affiliate sales networks, and to our advertising partners websites. When you view or click on certain links available on our articles, our partners may compensate us for displaying the content to you or make a purchase or fill a form. This will not incur any additional charges to you. To make things simpler for you to identity or distinguish advertised or sponsored articles or links, you may consider all articles or links hosted on our site as a commercial article placement. We will not be responsible for any loss you may suffer as a result of any omission or inaccuracy on the website. .

Top Stories

STROOCK PREVAILS AT FEDERAL CIRCUIT ON BEHALF OF DIGITAL PRODUCT MAKER MOVEA INC.

STROOCK PREVAILS AT FEDERAL CIRCUIT ON BEHALF OF DIGITAL PRODUCT MAKER MOVEA INC.

Team led by patent litigator Pierre Yanney completes triple-play win for Movea in dispute over 3-D air mouse, following victories at PTO and its Appeals Board

An intellectual property team from Stroock&Stroock&Lavan LLP won its third victory in a row on behalf of client Movea Inc. when the Court of Appeals for the Federal Circuit affirmed on April 6 an earlier ruling by the Patent Trial and Appeal Board of the U.S. Patent and Trademark Office.

Movea, a maker of digital motion-sensing equipment for business, home entertainment, and educational uses, was advised by Stroock patent litigator Pierre Yanney, along with associate Stephen Underwood. (Movea was acquired during the course of the case by InvenSense, a maker of chip-based sensor systems.)

“While the Court of Appeals noted during oral argument that the technology was ‘very complex,’ the patent examiner, the PTAB and the Federal Circuit all agreed that the Hillcrest patent was clearly invalid.  The decision confirms the value of the inter partes process as an efficient and effective means for post-grant patent challenges, often with many advantages over district court litigation,” said Pierre R. Yanney, a partner in Stroock’s Intellectual Property Practice Group.

Stroock originally filed an inter partes challenge at the PTO on behalf of Movea against a patent held by Hillcrest Laboratories for a 3-D air mouse, a hand-held remote pointing device. The patent at issue covered tilt compensation which allows the mouse to perform properly, regardless of how it is held or rotated. After a thorough and detailed review by a patent examiner, the PTO found for Movea, invalidating the Hillcrest patent in its entirety.

Hillcrest, a subsidiary of InterDigital (Nasdaq:IDCC), appealed the ruling to the PTO’s Patent Trial and Appeal Board. The tribunal heard oral arguments, then issued a written opinion affirming the patent examiner and giving Stroock its second victory.

On subsequent appeal to the Federal Circuit, Mr. Yanney completed the trifecta on behalf of Movea, with the court of appeals panel returning its ruling within 48 hours of argument.

Stroock is a law firm providing transactional, regulatory and litigation guidance to leading financial institutions, multinational corporations, investment funds and entrepreneurs in the U.S. and abroad.  With a history dating back 140 years, the firm has offices in New York, Washington, DC, Los Angeles and Miami. For more, visit www.stroock.com.

Global Banking & Finance Review

 

Why waste money on news and opinions when you can access them for free?

Take advantage of our newsletter subscription and stay informed on the go!


By submitting this form, you are consenting to receive marketing emails from: Global Banking & Finance Review │ Banking │ Finance │ Technology. You can revoke your consent to receive emails at any time by using the SafeUnsubscribe® link, found at the bottom of every email. Emails are serviced by Constant Contact

Recent Post