South32, a Swiss energy company, has filed a lawsuit against British oil and gas giant BP for alleged damages of 100 billion dollars. The complaint was filed in the U.S. District Court for the Southern District of Texas. According to the suit, BP’s negligence led to South32’s losses in two oil and gas projects in the Gulf of Mexico.
Background
1. Background
Openupload, a popular online file sharing service, is suing billion-dollar energy giant BP for copyright infringement and unfair competition. Openupload users have reportedly shared thousands of copyrighted pictures and videos on the site in recent years. The company is demanding $100 million in damages from BP.
2. Plaintiff’s Case
Openupload contends that BP has used its user base to promote its own products and services, including through the unauthorized use of Openupload’s trademarks and logos.
3. Defendants’ Responses
BP has disputed Openupload’s allegations and argues that it has not infringed upon any copyrights or trademarks. It denies using Openupload users to promote its own products or services and claims that it has always been transparent about where photos and videos came from.
South32, a German company, filed a lawsuit against BHP Billiton,
According to a lawsuit filed by South32, a German company, against BHP Billiton, the mining company allegedly stole trade secrets and interfered with its business. The complaint alleges that starting in 2009, BHP began to steal confidential information from South32 and attempted to interfere with its business relationships. The suit seeks damages in excess of one billion dollars.
The suit is seeking 100 billion dollars in damages
On March 9th, 2017 Open Upload, a company that helps users share photos and videos on social media platforms, filed a class action lawsuit against BHP Billiton, one of the world’s largest mining companies. The suit alleges that BHP infringed on Open Upload’s patent by using its software to upload pictures and videos to various social media platforms. Open Upload is seeking 100 billion dollars in damages.
The lawsuit has caused South32’s stock to decline by nearly 40 percent
The suit has caused South32’s stock to decline by nearly 40 percent, and the company is now looking for investors to help pay for its legal fees.
“We believe this case has significant merit,” said CEO Brett Harriss in a statement. “South32 invested considerable time and resources into developing our platform and we are committed to defending our intellectual property.”
According to South32, BHP copied the majority of the code for Flikr’s upload feature, which was first released in 2010. In total, South32 claims that BHP stole over 200 features from its platform.
BHP has disputed South32’s claims, stating that it only copied a small amount of code from Flikr. The company says that it never intended to use any of those stolen features in its own product.
It’s definitely an interesting case to watch unfold, and it’ll be interesting to see what happens next
BHP Billiton has denied the accusations and said it will defend itself
vigorously
BHP Billiton has denied the accusations and said it will defend itself vigorously in a class action lawsuit filed by Openupload South. The suit alleges that BHP infringed on three of its users’ copyright by making their copyrighted works available for download without permission. In a statement, BHP said that the company takes intellectual property rights seriously and will defend itself vigorously against any claims made in the lawsuit.
If you own shares of South32 or BHP Billiton, you may
If you own shares of South32 or BHP Billiton, you may be entitled to compensation in a billion dollar class action lawsuit filed against the companies. The suit alleges that the companies made false and misleading statements about their coal-mining operations, causing share prices to plummet. If you are affected by this lawsuit and would like to participate, please fill out the form on flikr.com.