Monday, April 11, 2011
DOES THIS MEAN WE GET A SEQUEL? In a ruling from Alex Kozinski today, Cameron and Tyler Winklevoss had their efforts to set aside an earlier litigation settlement relating to Facebook tossed by the Ninth Circuit. The opinion's interesting not just because Kozinski comes down on the side of "Winklevosses" rather than "Winklevoss Parties" or "Winklevii," but also because it discloses (perhaps for the first time) that the Winklevii were at least alleged to have hacked into Facebook "to purloin user data." The legal issues honestly aren't that interesting (basically, questions are whether a term sheet can function as a complete agreement or just an "agreement to agree" and whether it's possible to defraud someone represented by sophisticated counsel), but if Kozinski is to be heeded, this story is now at its end. HT: Prof. Eric Goldman's Twitter Feed.
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