Akerman partner David Brafman and intellectual property practice group chair Mark Passler contended an $8.1 million jury award was excessive for limited infringement. They ended up settling the case and Realauction can continue serving more than 70 government agencies.
April 16, 2014 at 12:00 AM
1 minute read
FortLauderdale-based Realauction.com’s very existence was on the line.
A larger competitor had filed a patent infringement suit seeking $32 million in damages. If it prevailed, Realauction’s core business of providing software used by local governments to run online foreclosure and tax lien auctions would be gutted.
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