Kodak and Shutterfly Suing Each Other Over Patent Infringement
Eastman Kodak Company (NYSE:EK) is suing Shutterfly, Inc. (NASDAQ:SFLY) over patent infringement. Shutterfly is suing Kodak back as a result according to a regulatory filing. Kodak’s online photo uploading service Kodak Gallery directly competes with Shutterfly.com.
Kodak Gallery and Shutterfly.com both sell photo books, prints, calendars, and coffee mugs. Shutterfly received the Kodak lawsuit on Friday, which is seeking an injunction along with costs and damages (legal fees). The lawsuit does not specify which patents are in dispute.
In Shutterfly’s counter-lawsuit, they also are seeking an injunction, damages, and costs. “(Shutterfly) believes that it has meritorious defenses to this action and intends to defend this matter vigorously,” stated the company in the filing.@amitchowdhry or on Google+ at +AmitChowdhry