A federal court issued a $500 million judgment against Blue Springs-based Xceligent Inc. in a copyright case filed against it by CoStar Group Inc.
The judgment was part of a settlement agreement reached Tuesday with the bankruptcy estate for Xceligent. It still requires approval of the U.S. District Court for the Western District of Missouri and the Federal Bankruptcy Court of Delaware.
Xceligent sought Chapter 7 bankruptcy protection in December 2017. An estimated 250 people lost their jobs.…
A federal court issued a $500 million judgment against Blue Springs-based Xceligent Inc. in a copyright case filed against it by CoStar Group Inc.
The judgment was part of a settlement agreement reached Tuesday with the bankruptcy estate for Xceligent. It still requires approval of the U.S. District Court for the Western District of Missouri and the Federal Bankruptcy Court of Delaware.
Xceligent sought Chapter 7 bankruptcy protection in December 2017. An estimated 250 people lost their jobs.…