According to Ellis, New World was attempting to introduce its video-on-demand technology in the United States through Fremont-based Prediwave Corp. The suit alleges that Prediwave failed to deliver its set-top boxes, which were needed to disseminate New World's technology.
The writ sets aside $117 million in Prediware's bank account for immediate payment to New World if the Hong Kong firm prevails in the June 19 trial in Santa Clara County. The total amount New World is seeking from Prediwave is $700 million, remuneration for investments and purchases.
Prediwave did not return calls seeking comment.
A major class action lawsuit accusing a Texas business services firm of helping Enron in the alleged manipulation of California's electricity market has been dismissed.
The ruling is a victory for L.A. law firm McDermott Will & Emery LLP, which has been representing Perot Systems Corp. since 2002.
Last week the Northern District of Texas granted Perot Systems' motion to dismiss with prejudice.
The ruling was the third consecutive victory for McDermott in its representation of the Plano-based firm founded by the one-time presidential candidate Ross Perot.
All of the victories came in cases arising from allegations of energy market manipulation.
The all-Los Angeles team representing Perot throughout the entire litigation included local partner-in-charge Gordon Greenberg, recently retired partner Stephen Kroft and partners Rich Frey, Dan Chammas and Francisca Mok.
Movers and Shakers
The notoriety from partner Bert Fields' involvement in the ongoing Anthony Pelicano case may be taking a toll on Greenberg Glusker. The firm's Shai N. Halbe is leaving to become a shareholder in the real estate group at Heller Ehrman LLP. It has also been widely speculated that name partner Dale F. Kinsella and partner Howard L. Weitzman will leave and take seven attorneys with them in mid-April.
John P. Stigi III has joined Sheppard Mullin Richter & Hampton LLP as a partner in the business trial practice group from the San Francisco office of Wilson Sonsini Goodrich & Rosati P.C.
Seyfarth Shaw LLP has promoted Geoffrey Long to a partnership in its litigation group Michael H. Starler, who represented high net worth individuals and closely held businesses, is joining Greenberg Traurig as of counsel to its tax group.
William J. Birney has joined Kennerly Lamishaw & Rossi LLP as an associate. He was previously a general counsel at Bentley-Forbes Group Inc., a privately held real-estate investment firm.
*Staff reporter Emily Bryson York can be reached at (323) 549-5225, ext. 235, or at email@example.com .
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