Tag: BANKRUPTCY

Nortel, once one of the biggest telecoms company in the world but now in the death throes of bankruptcy, has selected Google's $900 million bid for its patent portfolio as the stalking horse bid. This doesn't mean that Google will automatically win Nortel's massive array of telecoms patents, but it does mean that Google is the preferred buyer. Google, which has a history of lobbying for patent ...

The popular online music player SeeqPod, a service whose API powers a cluster of other music sites, has apparently filed for Chapter 11 bankruptcy, according to documents linked by TechCrunch. There hasn't been any announcement that SeeqPod's service will stop operating, but the company is facing lawsuits from record labels that object to its ability to efficiently crawl the web to find Mp3s files ...

The US 9th Circuit Court of Appeals has ruled that two websites that offered customers assistance filing bankruptcy claims were essentially guilty of practicing law without a license. Henry Ihejirika ran the websites, Ziinet.com and 700law.com (both sites have been taken down). He claimed that the web sites were just clerical tools, providing customers with assistance in filling out their forms. ...