Whitmyer IP Group today filed suit against Boeing Company on behalf of its client Timaero Ireland Ltd. The suit alleges fraud and breach of contract by Boeing inducing customers to order and pay significant cash deposits on 737 MAX aircraft that Boeing knew were unsafe and would not operate in a manner consistent with prior 737 aircraft. Timaero paid cash deposits on twenty-two 737 MAX aircraft, and has taken delivery of only two. The lawsuit seeks return of more than $185MM in cash deposits for undelivered aircraft, lost profits, and punitive damages. A copy of the complaint as filed is available here.
At the next WHIPgroup Tech Entrepreneur Meetup on January 21 we will be exploring the practical application of Blockchain in FinTech. Renee Leibler, a blockchain investor and an adjunct professor at Fashion Institute of Technology [Read More…]
By William L. Birks III The Federal Circuit recently decided that Apple was precluded from pressing its proposed invalidity challenges on the basis of issue preclusion and previous litigation between Apple and VirnetX. VirnetX Inc. [Read More…]
By Lauren C. Matturri The holiday shopping season is in full effect and more people than ever are making purchases online rather than in stores. Because of this, consumers need to be more vigilant when [Read More…]