From a legal and procedural standpoint, TT's suit against Espeed is at the beginning of a long legal road that could take one and a half to three years, depending on the complexity of the case. At this juncture, no preliminary injunctions have been granted to stop Espeed from using its trading software immediately. Experts said courts rarely grant such requests in patent cases.
With its complaint filed on 12 August, the next probable step is to take the case forward to the discovery phase, whereby both sides gather information over a 12- to...