Category: Volkswagen
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UPC’s Court of Appeal reverses Munich LD, orders U.S.-based non-practicing entity to provide collateral to Volkswagen
The UPC’s Munich Local Division held that a U.S. non-practicing entity did not have to provide security for litigation expenses, but the Court of Appeal has reversed the decision.
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Good for NPEs and litigation funders: UPC Munich LD denies requests to order U.S.-based licensing firm to provide security for litigation costs
The Unified Patent Court’s Munich Local Division denied a request by Volkswagen, its Audi subsidiary and Texas Instruments that a license firm be ordered to provide security for litigation expenses.