Knobbe Martens Olson & Bear LLP, one of largest intellectual property law firms in the United States, announced today that October brought a number of significant achievements.
In the last four years the number of patent lawsuits Knobbe Martens handled has soared, resulting in the firm’s rapid climb up Corporate Counsel’s “Patent Litigation Survey” rankings. Between 2011 and 2014 the number of patent cases it handled more than doubled, increasing from 40 to 82.
Knobbe Martens Olson & Bear LLP, one of the largest intellectual property law firms in the United States, has ranked highly in the 2014 Corporate Counsel Patent Litigation Survey. The firm ranked as one of the top ten patent litigation firms on the list of “The Busiest Firms Overall”. Firms are ranked based on the number of federal district court patent lawsuits handled in prior year. The firm jumped 16 spots to number seven on this year’s list.
In September 2014, Adaptimmune Limited, a leading biotechnology company focused on the use of T-cell therapy to treat cancer and infectious disease, announced the completion of a $104 million Series A financing round.
On September 15, Knobbe Martens Olson & Bear, LLP successfully obtained summary judgment for clients Toshiba Corp. and Toshiba America Information Systems, Inc. (“Toshiba”) in their defense of a trade secret misappropriation suit brought by Bruce Bierman, the CEO of Intellisoft, Ltd.
In July 2010, Bierman sued Toshiba for misappropriating trade secrets allegedly contained in Bierman’s Bookmark software during the late 1980s and early 90s, alleging $100 million in damages. The September 15 order ends a four year saga regarding Bierman’s claims.
The Daily Journal has recognized Knobbe Martens Olson & Bear LLP as one of California’s “Top Boutique” law firms. The firm was recognized for their outstanding legal services dedicated to the intellectual property industry, specifically for the recent $600 million acquisition of their client Ulthera, assisting Monster Energy in enforcing its trademark rights and assisting Ranbaxy Laboratories in its defense in a Hatch-Waxman action.
Knobbe, Martens, Olson & Bear LLP has scored a $466.7 million verdict for its client, Irvine-based medical technology company Masimo Corp., in a patent infringement case against Philips Electronic North America Corp.
Knobbe Martens Olson & Bear LLP, consistently ranked among the top intellectual property law firms worldwide, has been named the 2014 Top Intellectual Property Law Firm in the nation by Lawyer Monthly magazine.
The 2014 Lawyer Monthly awards recognize law firms that have most successfully adapted and responded to the demands of doing business in the post-recession business environment. Winners are carefully chosen to include a wide range of practice areas and skills that are essential to the success of a law firm or legal department.
Alios BioPharma, Inc., a biotechnology company developing proprietary therapeutics for viral diseases, announced on September 30, 2014 a definitive agreement with Johnson & Johnson whereby Alios will be acquired for approximately $1.75 billion in cash payable upon closing of the transaction. The transaction has been approved by the boards of directors of both companies.
Knobbe Martens Olson & Bear LLP is pleased to announce that it has successfully concluded a jury trial in Wilmington, Delaware on behalf of its longstanding client, Masimo Corp. of Irvine, California. On October 1, 2014, an eight-person jury unanimously awarded Masimo over $466 million in damages against Philips Electronics North America Corp. for infringing two Masimo patents. The jury also rejected Philips’s challenge to the validity of these patents and Philips’s claim that Masimo owed $169 million for allegedly infringing a Philips patent.