Homework: Business Laws & Management
In a 4 to 6 pages paper, address the following:
In 1999-2000, online file sharing service Napster was sued for copyright infringement by various parties (including recording artists, record labels, and a recording industry trade association). Napster eventually was forced to shut down by court order and paid over $40 million for copyright infringement. In 2006, Research in Motion (RIM) settled a patent infringement lawsuit filed by patent-holding firm NTP, Inc. in which NTP alleged that RIM's Blackberry product used wireless email technology described in patents to which NTP owned the rights. The amount of the settlement was $612 million.
o Compare these two cases of intellectual property infringement, including comments on the parties being sued, the parties filing suit, the financial damages in each case (distinguish between actual and potential damages if needed), and the ability of the alleged infringing party to make financial restitution.
o What contractual, corporate, bankruptcy or other legal issues are implicated in the above?
Format your homework according to the following formatting requirements:
o The answer should be typed, using Times New Roman font (size 12), double spaced, with one-inch margins on all sides.
o The response also includes a cover page containing the title of the homework, the student's name, the course title, and the date. The cover page is not included in the required page length.
o Also include a reference page. The Citations and references must follow APA format. The reference page is not included in the required page length.