Month: September 2004

Categories
litigation

55170-054 Living Omnimedia

USA Today: Martha Stewart Will Serve Her Time in W. Va.. Martha Stewart has been ordered to serve her sentence for lying about a stock sale at the federal prison in Alderson, W.Va., a source close to the case told The Associated Press on Wednesday.

The Federal Bureau of Prisons provides a handy Inmate Locator to help you keep track of Martha Stewart or any of your other favorite inmates. I’ve added some new Martha Stewart Living contracts to the web site, including her latest Employment Agreement.

Categories
litigation

Non-GAAP Accounting Software?

SiliconValley.com: Kumar, Facing Jail Time, Disavows Concept of 35-Day Month. In March of 2002, dissident Computer Associates investor Sam Wyly, who the year before had mounted an unsuccessful campaign to unseat the software company’s board of directors, demanded that CA fire its top three executives.

This coming from a company that offers solutions enabling “you to meet regulatory compliance issues.” I guess they weren’t using their own software. I’ve posted Computer Associates contracts, including a deferred prosecution agreement, on the web site.

Categories
litigation

Sony Loses Suit over Jittery Joysticks

CNET News.com: Jury slaps Sony with $82 million verdict. Immersion, a maker of force-feedback joysticks, said Wednesday that a jury on Tuesday found that Sony’s PlayStation unit infringed on its patents and awarded the company $82 million.

I’ve posted Immersion contracts, including a number of licensing agreements, on the web site.

Categories
ipo

Meet Ms. Tamagotchi

CNN: Virtual Girlfriend Could End Dating Woes. She needs to be coddled with sweet talk and pampered with gifts, but you’ll never see her in the flesh, says a Hong Kong company that’s developing a “virtual girlfriend” for new cell phones with video capability.

For the next series of The Bachelor, the contestant will have to choose between Miss Nokia, Miss Samsung and Miss Nextel. And the winner is … petite with a mute button and a vibrate mode. Anyways, the “brains” behind this product is going public. I’ve added Artificial Life contracts to the web site.

Categories
corporate buzz

Layover in Bankruptcy Court

Cincinnati Post: Bankruptcy Looming at Delta, Auditor Says. Delta Air Lines said Wednesday it has revised its 2003 annual report to include a new report by its independent auditor warning that bankruptcy is looming.

Nowadays, the most popular destination for the major airlines is bankruptcy court. Some are headed in that direction. Some have departed from there. And, one airline just made a return trip back to bankruptcy. I’ve added Delta contracts and US Airways contracts to the web site.

Categories
corporate buzz

Fidelity Intercepts Bank Technology Company

Reuters: Fidelity National to Buy InterCept. Fidelity National Financial Inc., a U.S. title insurance company, said on Thursday it agreed to buy bank technology company InterCept in a deal worth about $400 million, expanding its customer base.

I’ve posted InterCept contracts – mostly service agreements and employment agreements – on the web site.

Categories
litigation

Dump sales. Hire more lawyers.

Forbes: Software Company Sees Goldmine in Patent Cases. While it tries to build its line of scheduling software, Austin-based Forgent has been hiring lawyers to extract revenue from the company’s store of old patents. Already, Forgent has reaped nearly $50 million by claiming that one of its patents covers JPEG, the popular standard for digital images. Sony Corp. and Adobe Systems Inc. are among the tech giants that have settled with Forgent.

Interesting article that compares Forgent to “trial lawyers.” Also, the article includes a quote from an attorney at the Electronic Frontier Foundation (EFF) comparing this to class-action lawyering. Do I detect an anti-plaintiff bias? Anyways, I’ve posted Forgent contracts on the web site.

Categories
corporate buzz

Game Over for Acclaim

Reuters: Video Game Maker Acclaim Files for Bankruptcy. Video game publisher Acclaim Entertainment Inc., which has been hampered by a lack of hit titles, filed for bankruptcy liquidation on Thursday after failing to line up new financing.

I’ve posted Acclaim Entertainment contracts on the web site. You can also find contracts from its competitors including 3DO, Nintendo and Electronic Arts.