Updated: 30 May 2012
Websites The Register and GeekWire report Corbis has been ordered to pay out $12million in damages to InfoFlows.
March 28 2012
Legal.com has court papers in a the CORBIS CORPORATION v. STONE case: ‘Corbis Corporation (“Corbis”) and Steve Stone, through his company InfoFlows Corporation (“InfoFlows”), entered into an agreement whereby InfoFlows was to assist Corbis in developing a system to track and manage the licensed and unlicensed use of Corbis’ repository of digital images. According to InfoFlows, at the same time Corbis was promising Stone that the parties would cooperate on patents, Corbis obtained a secret patent that covered some of InfoFlows’ proprietary information. Corbis terminated the agreement, and the parties sued each other.’….the jury found in favor of InfoFlows and against Corbis on all of their respective claims….. The jury awarded InfoFlows over $36 million in damages…
Full details and opinion here: Legal.com
Here’s the Press release at InfoFlows when they won the case in 2010:
Jury Finds Bill Gates-owned Company Committed Fraud