CoinLab Sue Bitcoin Exchange Mt. Gox For $75m Over Failed Partnership

bitcoin
Back in February it was reported that American startup CoinLab had joined forces with Mt. Gox, the Japanese firm that runs the world’s largest Bitcoin exchange. The two companies agreed a deal, where CoinLab would assume control of Mt. Gox’s operations in the U.S. and Canada, with CoinLab promising that its relationship with U.S. banks and investors would enable them to provide a superior customer experience.

But it seems that that partnership has collapsed and a lawsuit (first reported by Gawker) is likely to take place. On Thursday the news broke that CoinLab would be suing Mt. Gox for failure to fulfill their side of the arrangement as it was specified in the contract that the Japanese firm was supposed to hand over their U.S. operations to CoinLab in March. Continue Reading

Share and Enjoy

Pinterest

Romanian Lawyer Files Lawsuit Against Priests For Failure To Exorcise Fart Demons From His Home!

exorcism
In what has got to be one of the most WTF lawsuits you are likely to hear about in a very long time, a lawyer from Pitesti, Romania, is suing an Orthodox bishop and 4 priests for failing to exorcise the “flatulent demons” that terrorize his abode.

In the lawsuit era, we’ve born witness to frivolous lawsuit after frivolous lawsuit, but this one might just take the wacky accolade! Continue Reading

Share and Enjoy

Pinterest

New Twist In The Ongoing Battle Between Kixeye & Zynga As Kixeye Launch Retaliatory Lawsuit

The ongoing battle between the social gaming companies Zynga and Kixeye has taken a new twist as Kixeye have filed a retaliatory lawsuit against Zynga filing a cross-complaint with the Superior Court of California.

For those of you who don’t know the history of the dispute between the two companies, it all began when Zynga filed a legal complaint against former CityVille general manager Alan Patmore who left the company to join Kixeye in August.

Zynga claimed that Patmore had unlawfully taken 763 files from the company before he left including confidential game designs and took them with him to Kixeye. Then Zynga went even further naming Kixeye as a defendant in the lawsuit and stating that they were aware that Patmore had the files and wanted access to them. They wanted damages from Kixeye and attorney fees. Continue Reading

Share and Enjoy

Pinterest

Apple Vs Samsung: Apple Issue Super-Snide UK Acknowledgement Over Patent Infringement

The highly amusing sniping and griping that has been taking place between Samsung and Apple took another interesting twist after the UK courts found that Samsung did not infringe on Apple’s patents with the Galaxy Tablet.

Part of the ruling required Apple to issue an acknowledgement to the court’s findings on their website and they have done this, although it is hardly apologetic and we don’t think it is particularly what the courts were envisaging when they issued the order.

The notice that the courts ordered Apple to put on their website is intended to inform customers using the UK version of the company’s website that Samsung didn’t actually infringe on their patents. This is seen as a way of repairing the tarnishing of Samsung’s reputation that took place with the initial accusation. This kind of notice is often referred to as an “apology ad” however there really wasn’t anything apologetic about the notice that Apple put up!Continue Reading

Share and Enjoy

Pinterest