Monday, February 13, 2012

The hits just continue coming XPRT seeks $3.8B+ in suit against eBay, PayPal A week ago

I reported up with the present condition of eBay after which relatively bleak outlook. Yesterday,a was filed within the U.S. District Court of Delaware by Kelley Drye & Warren, LLP, lawyers representing XPRT Endeavors, LLC, against PayPal, Corporation., Bill Me Later, Corporation., Shopping.com, Corporation.,StubHub, Corporation., as well as their parent company, eBay, Corporation., for alleged trade secret thievery and violation of six XPRT patents for systems and techniques of obligations for electronic David Villa Jersey auction and ecommerce transactions utilized in PayPal's electronic payment systems. XPRT is seeking $3.8+ billion. Kelley Drye's pr release could be read .

The complaint alleges that in September 2001, the creators from the patents, George Likourezos and Michael A. Scaturro, provided Andre Marais of Blakeley Sokoloff Taylor & Zafman, outdoors lawyers for eBay, with copies of then-pending patent programs concerning the technology under assurances of strict discretion, and alleges the information ended up being misappropriated and integrated into PayPal's platform after PayPal's acquisition by eBay in 2002.

In April 2003, eBay filed a patent application for "Method and System to Automate Payment for any Commerce Transaction" () allegedly paralleling the payment concepts of Messrs. Likourezos and Scaturro as found in their patent programs. Furthermore, based on the complaint, Mr. Marais was 1 of 2 lawyers of record regarding the filing of eBay's patent application, and additional alleges that eBay's patent application didn't disclose or reference XPRT's patent programs as needed underneath the USPTO duty of disclosure of prior art, despite the fact that eBay was aware, or must have been aware, of the existence.

The XPRT patents allegedly infringed and misappropriated within the complaint are:

-- System and wholesale soccer jerseys way of effecting payment to have an electronic auction commerce transaction

--System and way of instantly effecting payment for any user of the electronic auction system

-- System and way of effecting a genuine-time payment to have an item won with an electronic auction

-- System and way of effecting payment to have an item offered to have an electronic auction purchase

-- System and way of offering a motivation to some user of the electronic commerce site

-- System and approach to automate payment for any commerce transaction

The complaint consists of a maximum of nine counts: six for violation (one for each one of the above patents), one for misappropriation of trade secrets one for illegal enrichment and something for conversion.

Sources:

, XPRT Endeavors, LLC versus. eBay, Corporation. et al., filed This summer 13, 2010report=2012-02-13data


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