TriOptima v. Quantile Technologies

Cadwalader successfully represented Quantile in the patent litigation.

Quantile Technologies Limited, a startup in the field of optimizing over-the-counter (“OTC”) derivative products, was sued by its major competitor TriOptima AB for patent infringement, trade secret misappropriation and tortious interference in the Eastern District of Texas.

Quantile obtained a rare grant of a motion to dismiss for lack of personal jurisdiction. Following limited discovery and argument before the Honorable James Rodney Gilstrap, Judge Gilstrap held that Quantile – a UK company – had insufficient contact with Texas to establish personal jurisdiction. In particular, the court held that a non-public internet-based portal with access to only out-of-state customers, who may fortuitously visit Texas and access the portal while in Texas, is not sufficient to constitute a purposeful availment of Texas to subject it to its personal jurisdiction. Separately, Quantile has successfully instituted two separate CBM invalidity proceedings in the U.S Patent Office challenging TriOptima’s asserted business method patents.

Cadwalader represented Quantile with a team led by partner Dorothy Auth (Picture), with special counsel Howard Wizenfeld and associates Dash Cole, Michael Powell, John Augelli, Jaclyn Hellreich, Jessica Talar, and special counsel Danielle Tully.

Involved fees earner: John Augelli – Cadwalader Wickersham & Taft; Dorothy Auth – Cadwalader Wickersham & Taft; Dash Cole – Cadwalader Wickersham & Taft; Jaclyn Hellreich – Cadwalader Wickersham & Taft; Michael Powell – Cadwalader Wickersham & Taft; Jessica Talar – Cadwalader Wickersham & Taft; Danielle Tully – Cadwalader Wickersham & Taft; Howard Wizenfeld – Cadwalader Wickersham & Taft;

Law Firms: Cadwalader Wickersham & Taft;

Clients: Quantile Technologies;

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Author: Ambrogio Visconti