Marathon Patent Group (MARA) Reports Ruling in Signal IP Case Against Toyota
- Top 10 News for 10/24 - 10/28: AT&T (T), Time Warner Make it Official; Margins Hamper Apple's Q4; Mergers Aplenty
- Wall St. falls as FBI to review more Clinton emails
- Clinton email problem resurfaces as FBI announces review
- ExxonMobil (XOM) Tops Q3 EPS by 5c; CapEx Light of Views
- Baker Hughes (BHI), General Electric (GE) in Partnership Talks, Not Merger Talks
Get the Pulse of the Market with StreetInsider.com's Pulse Picks. Get your Free Trial here.
Marathon Patent Group, Inc. (NASDAQ: MARA) ("Marathon" or "Company"), an IP licensing and commercialization company, today announced that on August 24, 2016, Judge John A. Kronstadt, district judge for the United States District Court for the Central District of California, issued a ruling in Signal IP, Inc. v. Toyota North America, et al, 2-15-cv-05162.
"The Court has reviewed the Joint Report Regarding the Stay Pending Inter Partes Review (Dkt. 78). Based on that review, this action is severed as follows: ... [t]he proceedings concerning the '007 and '375 patents are stayed pending the outcome of the IPR proceedings. The stay of proceedings concerning the '927 patent is lifted, and the following schedule is adopted ... [j]ury Trial set for 12/12/2017 ... Markman Hearing set on 1/26/2017."
"We are pleased with Judge Kronstadt's ruling to sever the CACD case and to lift the stay in the proceedings concerning the '927 patent, allowing the case to proceed," said Doug Croxall, CEO of Marathon Patent Group.
Serious News for Serious Traders! Try StreetInsider.com Premium Free!
You May Also Be Interested In
- European Commission Opens Investigation into Proposed Acquisition of Syngenta (SYT) by ChemChina
- Oceaneering (OII) Receives Two-Year FSVS Contract Extension from BP (BP) Unit for Offshore Angola Work
- Paragon Offshore (PGNPQ) Says Court Denied Modified Second Amended Joint Chapter 11 Plan of Reorganization
Create E-mail Alert Related CategoriesCorporate News, Litigation, Management Comments
Related EntitiesDefinitive Agreement
Sign up for StreetInsider Free!
Receive full access to all new and archived articles, unlimited portfolio tracking, e-mail alerts, custom newswires and RSS feeds - and more!