Daily Archives: Wednesday, December 26, 2018

Posted: December 26, 2018

Australian Bank Bill Swap Reference Rate: Was Something Underhanded Happening Down Under

This post covers the alleged underlying facts and November 26, 2018, order by United States District Judge Lewis A. Kaplan dismissing all but one plaintiff in the case for lack of standing in Richard Dennis et al. v. JPMorgan Chase & Co., 16-CV-6496, a case in the Southern District of New York concerning alleged manipulation... Read more »

Posted: December 26, 2018

Idea Misappropriation Claims Dismissed on Summary Judgment for Lack of Novelty

On December 5, 2018, Justice Scarpulla of the New York County Commercial Division issued a decision in Hyperlync Tech., Inc. v. Verizon Sourcing LLC, 2018 NY Slip Op. 33123(U), dismissing a claim for idea misappropriation on summary judgment for lack of novelty, explaining: To prove a claim for misappropriation of ideas, a plaintiff must establish: (1)... Read more »