Documents tagged "Emirates Bank"
Found 2 documents with this tag
HOUSE_OVERSIGHT_026005.txt
A federal jury decided that one of the Middle East's most prominent banks did not commit fraud and steal technology from an Irvine firm. The Dubai-based bank argued it cancelled a partnership because the Orange County company couldn't produce a working product and misled it into thinking it was an established company, not one with little to no track record. The jury unanimously decided that InfoSpan did not prove its case of fraud and theft of trade secrets. High-profile attorneys on both sides argued in this two-week trial that involved dueling accusations of fraud levied by high-profile attorneys.
HOUSE_OVERSIGHT_012037.txt
The message is from Jeffrey E. to Kathy Ruemmler regarding a press article in AmLaw Litigation Daily about Emirates Bank's win. The forwarded messages show that Latham & Watkins lawyers, including Daniel Schecter and Kathryn Ruemmler, successfully defended the bank against trade secret theft accusations in Orange County, California. The case involved high stakes of over half a billion dollars in damages, with challenging facts and an unsympathetic narrative for the defense. The article suggests that Latham & Watkins' closing arguments turned the tide in favor of the Middle Eastern bank.