OT: Pay Pal Sues Bank One

[LANMAN]

PayPal Sues Bank One Over Patent
Los Angeles Times (10/01/03)

Bank One Corp. was recently sued by eBay's PayPal unit regarding a financial transaction patent. The patent infringement claim seeks unspecified damages, and contends that Bank One has improperly used PayPal's online bill-payment system, which was patented in 1998.



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DOH!!



--LANMAN

 

[dmcowen674]

The only way Companies can make money now, sue everyone for everything.

 

[Mardeth]

Originally posted by: LANMAN
PayPal Sues Bank One Over Patent
Los Angeles Times (10/01/03)

Bank One Corp. was recently sued by eBay's PayPal unit regarding a financial transaction patent. The patent infringement claim seeks unspecified damages, and contends that Bank One has improperly used PayPal's online bill-payment system, which was patented in 1998.



******

DOH!!



--LANMAN

Very long time no see.

Hows the Enterprise going?

 

[KarenMarie]

Originally posted by: dmcowen674
The only way Companies can make money now, sue everyone for everything.

Suing in the United States has become a career choice for many many ppl.

Lawyers get richer and everyone else's insurance rates go up!! As well as prices and etc.

KarenMarie

 

[Soggysocks]

Originally posted by: KarenMarie

Originally posted by: dmcowen674 The only way Companies can make money now, sue everyone for everything.

Suing in the United States has become a career choice for many many ppl. Lawyers get richer and everyone else's insurance rates go up!! As well as prices and etc. KarenMarie

Maybe we should all follow the lead here. We could all get rich and there would be no money for anyone else.

 

[ProviaFan]

Originally posted by: dmcowen674
The only way Companies can make money now, sue everyone for everything.

Sad, but true. It's easier and cheaper to hire a team of lawyers than to innovate and make good products.

 

[networkman]

I rather suspect PayPal is going to settle this out of court, as there are/were several states investigating PayPal's financial practices as well several civil actions investigating the way complaints are(or aren't) handled depending on the victim. BankOne only need bring some of these issues to bear to really make things interesting.

 

[networkman]

Did I call it or what? And, gee, in only 6 days too.