In an opinion Friday, Judge Forrest permanently enjoined ABN AMRO from using certain trading software called BankTrade made by the plaintiff, “CSI.”  ABN sold to Bank of America the subsidiary that had licensed BankTrade, but continued to use the software, without permission, after the sale.  Judge Forrest rejected ABN’s argument that, since BankTrade was critical to ABN’s business, CSI should have to offer ABN a reasonable license:
Continue Reading Judge Forrest Rules That Bank’s Dependence on Software Does Not Trigger Right to Renewed Licenese on Reasonable Terms