Vellayan Subbiah Named EY Entrepreneur of the Year 2023 for Pioneering Business Growth Strategies

Chennai, India – Vellayan Subbiah, Chairman of Cholamandalam Finance and Executive Vice Chairman of Tube Investments of India, has been honored with the prestigious EY Entrepreneur of the Year Award 2023 (EOY). This coveted title is awarded to individuals who have demonstrated exceptional entrepreneurial skills and achievements. Subbiah was chosen as the winner by a distinguished jury panel led by K V Kamath, the former Chairman of ICICI Bank. The jury commended Subbiah for his visionary strategies that transformed existing businesses and capitalized on new opportunities through acquisitions and diversification. These bold moves not only … Read more

Groundbreaking Verdict: Delaware Jury Grants Natera $96.3m in Damages for Pioneering Kidney Transplant Tests

Wilmington, Delaware – A Delaware jury has awarded Natera $96.3 million in damages in a lawsuit concerning kidney transplant tests. The jury’s decision came after a dispute over the alleged theft of the intellectual property from Natera by CoGenesys, a former business partner. This ruling represents a significant victory for Natera, a global leader in genetic testing and diagnostics. The jury found CoGenesys liable for breach of contract, misappropriation of trade secrets, and fraud. According to the evidence presented during the trial, CoGenesys unlawfully obtained Natera’s proprietary technology and used it to develop their own … Read more

Pioneering Voice of “Soul Train” Seeks Compensation for 50 Years of Iconic Scream

LITTLE ROCK, Ark. — The iconic TV show “Soul Train” is facing a federal lawsuit filed by Joe Cobb, one of its original voices. Cobb, who famously introduced the show with his soulful scream, is seeking at least $75,000 in back royalties from the current owners of the show, Paramount Global, CBS Entertainment, and Black Entertainment Television. Cobb’s association with “Soul Train” dates back to the 1960s when he and Don Cornelius, the show’s creator, worked together at WVON, a Black radio station in Chicago. While Cobb initially used the phrase “soul train” as a … Read more

Pioneering Patent Case: Lack of Non-Infringing Alternatives in Two-Player Market Proves Essential for Lost Profits Award, Delaware District Court Rules

Wilmington, Delaware – In a recent ruling, the District of Delaware clarified the evidence required to establish a lack of non-infringing alternatives in a two-player market. The case involved two competitors in the outdoor decking products industry, both selling bamboo decking products. The defendants had been found guilty of patent infringement, and they challenged the damages award of $1.5 million, claiming that the plaintiffs had failed to prove lost profits. The defendants argued that the plaintiffs had not provided customer-specific evidence to establish the absence of non-infringing alternatives. However, the district court rejected this argument, … Read more