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IMX, Inc. v. E-Loan, Inc., et al.

Date: 01-24-2006

Case Number: 1:03-cv-01067-SLR

Judge: Sue L. Robinson

Court: United States District Court for the District of Delaware - New Castle County

Plaintiff's Attorney:

Margaret E. Day, Wilmington, Delaware and
Richard L. Horwitz and David Ellis Moore
of Potter, Anderson & Corroon, LLP, Wilmington, Delaware

Defendant's Attorney:


Jack B. Blumenfeld and A. Shane Nichols King & Spalding,
Atlanta, Georgia and Julia
Heaney of Morris, Nichols, Arsht & Tunnell, LLP, Wilmington, Delaware

Description:

IMX, Inc. sued Lending Treet, LLC on a patent infringement
theory for infringing U.S. Patent No. 5,995,947 relating to
technology that provides an Internet-accessible, interactive,
real-time network for borrowers and lenders to use to
exchange information that lenders need to loan money to
borrowers. IMX, Inc., based in Houston, Texas, is a leading provider of software solutions for the mortgage industry. IMX offers a comprehensive suite of workflow tools that enable mortgage lenders and originators to communicate and conduct business quickly and efficiently, online. All the Company's products deliver real-time, fully-adjusted pricing to any user with browser access.

The defenses asserted by Lending Tree, LLC are not available.

Outcome:
Plaintiff's verdict for $5,794,400.
Plaintiff's Experts:
Unknown
Defendant's Experts:
Unknown
Comments:
None

About This Case

What was the outcome of IMX, Inc. v. E-Loan, Inc., et al.?

The outcome was: Plaintiff's verdict for $5,794,400.

Which court heard IMX, Inc. v. E-Loan, Inc., et al.?

This case was heard in United States District Court for the District of Delaware - New Castle County, DE. The presiding judge was Sue L. Robinson.

Who were the attorneys in IMX, Inc. v. E-Loan, Inc., et al.?

Plaintiff's attorney: Margaret E. Day, Wilmington, Delaware and Richard L. Horwitz and David Ellis Moore of Potter, Anderson & Corroon, LLP, Wilmington, Delaware. Defendant's attorney: Jack B. Blumenfeld and A. Shane Nichols King & Spalding, Atlanta, Georgia and Julia Heaney of Morris, Nichols, Arsht & Tunnell, LLP, Wilmington, Delaware.

When was IMX, Inc. v. E-Loan, Inc., et al. decided?

This case was decided on January 24, 2006.