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2.17 MB
Extraction Summary
5
People
5
Organizations
3
Locations
3
Events
3
Relationships
6
Quotes
Document Information
Type:
Legal commentary / media article (in congressional oversight record)
File Size:
2.17 MB
Summary
This document, marked with a House Oversight footer, appears to be a legal news summary regarding a trial between Bajwa (InfoSpan) and Emirates NBD over a product called SpanCash. The text contrasts the closing arguments of attorney Isaacson, who used patriotic rhetoric, against attorney Ruemmler (likely Kathryn Ruemmler), who dismantled the plaintiff's case by arguing the product was never functional. It also details the arrest of InfoSpan deputy CEO Larry Scudder in Dubai for alleged fraud.
People (5)
| Name | Role | Context |
|---|---|---|
| Bajwa | Plaintiff |
Claimed Emirates NBD stole proprietary technology; sought $554 million in damages.
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| Ruemmler | Attorney |
Defense attorney (likely for Emirates NBD); described as rational and effective in closing arguments.
|
| Isaacson | Attorney |
Plaintiff attorney for Bajwa; used patriotic appeals in closing arguments.
|
| Schecter | Attorney |
Attorney at Latham; commented on the case facts.
|
| Larry Scudder | Deputy CEO, InfoSpan |
Arrested at Dubai Airport regarding a fraud charge.
|
Organizations (5)
| Name | Type | Context |
|---|---|---|
| Emirates NBD |
Bank sued by Bajwa/InfoSpan; accused of stealing SpanCash technology.
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| InfoSpan |
Company belonging to Bajwa; developer of SpanCash.
|
|
| U.S. District Court for Central District of California |
Venue for the trial.
|
|
| Latham |
Law firm (implied via mention of 'Latham's Schecter').
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| Dubai Police |
Arrested Larry Scudder.
|
Timeline (3 events)
Locations (3)
| Location | Context |
|---|---|
|
Trial location.
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Location of Larry Scudder's arrest.
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Country Scudder was trying to leave.
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Relationships (3)
Ruemmler and Isaacson summed up their opposing positions in closing arguments.
Bajwa sought $554 million... on trade secret misappropriation... against Emirates NBD.
Infospan’s deputy CEO, Larry Scudder
Key Quotes (6)
"Isaacson... led with one of his strongest cards: USA! USA!"Source
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Quote #1
"Mr. Bajwa has come up with an interesting story, but it's not what happened."Source
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Quote #2
"There are at least five fatal flaws in Mr. Bajwa's case, and any one of those alone sinks his case."Source
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Quote #3
"Sham is going down there… It's not as if these guys were exactly rubes…This is some flimflam thing…"Source
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Quote #4
"There are some facts we wouldn’t script."Source
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Quote #5
"Police told Mr. Scudder that a charge of criminal fraud had been filed against him for $1,465,000."Source
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Quote #6
Full Extracted Text
Complete text extracted from the document (2,959 characters)
But after he struck a deal with Emirates NBD to roll out his product, SpanCash, he claimed the bank stole his proprietary technology, killed the deal and ruined his company. (Though it’s hard to feel too sorry for him--
he’s pictured in front of his house, a mansion that would put Versailles to shame. In this David-and-Goliath story, he’s a David from the 1 percent.)
he’s pictured in front of his house, a mansion that would put Versailles to shame. In this David-and-Goliath story, he’s a David from the 1 percent.)
Bajwa sought $554 million plus punitive damages on trade secret misappropriation and misrepresentation claims.
Trial began on July 26 in U.S. District Court for Central District of California. On Aug. 10, Ruemmler and Isaacson summed up their opposing positions in closing arguments.
Let’s take a look.
Isaacson, who did not respond to a request for comment, led with one of his strongest cards: USA! USA!
“We as a country, made up of flawed people, come together as one of the greatest countries on Earth, because we are a nation of laws,” he said, according to a transcript of the proceedings. “This was about hard work and what happens when your work is destroyed and taken, how you're entitled to be treated under the laws of the United States.”
For Ruemmler, the appeal was not emotional or jingoistic. It was rational all the way.
Her first line: “Mr. Bajwa has come up with an interesting story, but it's not what happened.”
And then, in the most matter-of-fact, conversational way, she annihilated his case.
“There are at least five fatal flaws in Mr. Bajwa's case, and any one of those alone sinks his case. Any one,” she said, according to the transcript.
Bajwa couldn’t prove that SpanCash was ever fully functional and commercially ready, Ruemmler said. In fact, she argued, it was never even a real product.
Further, she said, Bajwa didn’t prove that the technology or platform was comprised of any trade secrets; or that Emirates Bank stole SpanCash; or that it ever used it. Finally, Bajwa didn’t prove InfoSpan suffered any damages, she said.
Some of her turns of phrase are refreshingly non-lawyerly. “Sham is going down there… It's not as if these guys were exactly rubes…This is some flimflam thing… One of the many, many dog-ate-my-homework excuses….This is an absolute double-down lie.”
The overall effect: she simplified without being condescending.
But there was still a hurdle for Emirates. Or as Latham’s Schecter put it in an interview, “There are some facts we wouldn’t script.”
After the bank terminated its agreement with InfoSpan and demanded its investment back, Infospan’s deputy CEO, Larry Scudder, was arrested when he tried to leave the UAE.
“At the Dubai Airport that day, the Dubai police arrested Mr. Scudder after he presented his passport at an electronic terminal. Police told Mr. Scudder that a charge of criminal fraud had been filed against him for $1,465,000. Mr. Scudder was handcuffed and marched through the airport and then held in police detention facilities and interrogated,” the complaint states.
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