Calyx Software Withdraws Motion For Preliminary Injunction Against Ellie Mae.Business Editors DUBLIN, Calif.--(BUSINESS WIRE)--June 7, 2004 Ellie Mae today announced that Calyx calyx (kā`lĭks): see sepal. (R) Software withdrew its motion for a preliminary injunction A temporary order made by a court at the request of one party that prevents the other party from pursuing a particular course of conduct until the conclusion of a trial on the merits. A preliminary injunction is regarded as extraordinary relief. with respect to Ellie Mae's Encompass(TM) product after Ellie Mae demanded withdrawal of the motion. Ellie Mae gave notice that it would seek Rule 11 sanctions unless Calyx withdrew the motion. Federal Rule of Civil Procedure 11 prohibits the filing of legally and factually frivolous Of minimal importance; legally worthless. A frivolous suit is one without any legal merit. In some cases, such an action might be brought in bad faith for the purpose of harrassing the defendant. motions that are designed solely to harass harass (either harris or huh-rass) v. systematic and/or continual unwanted and annoying pestering, which often includes threats and demands. This can include lewd or offensive remarks, sexual advances, threatening telephone calls from collection agencies, hassling by . Subsequently, Calyx withdrew its motion, acknowledging that it did not have enough information to prosecute its motion. Ellie Mae has invested tens of thousands of hours and millions of dollars developing Encompass(TM). It is a breakthrough mortgage management system that contains unique and powerful features that have gained widespread recognition in the industry. Ellie Mae is confident that its product does not infringe in·fringe v. in·fringed, in·fring·ing, in·fring·es v.tr. 1. To transgress or exceed the limits of; violate: infringe a contract; infringe a patent. 2. on any rights of Calyx. Ellie Mae believes that Encompass' success and Calyx's own failure to hold its customer base in the marketplace have driven Calyx to substitute litigation An action brought in court to enforce a particular right. The act or process of bringing a lawsuit in and of itself; a judicial contest; any dispute. When a person begins a civil lawsuit, the person enters into a process called litigation. for competition. Ellie Mae will continue to vigorously defend against any claims by Calyx that Encompass infringes Calyx's rights. About Ellie Mae, Inc. Dublin, California-based Ellie Mae, Inc., is the leading provider of desktop and Web-enabled mortgage-industry productivity technology. In December, 2003, Ellie Mae released Encompass, the first enterprise-level mortgage management system, with individual loan officer, processor and broker workspaces in a single, secure, scalable system. Ellie Mae's ePASS Web-transaction platform is the industry standard, connecting more than 30,000 third-party mortgage origination companies to more than 250 wholesale lenders and 90,000 settlement service providers-enabling them to eliminate redundant work, close loans faster, and reduce loan-origination costs. Ellie Mae products also include Executive Web Sites for automated lead generation and marketing, Contour and Genesis loan origination The examples and perspective in this article or section may not represent a worldwide view of the subject. Please [ improve this article] or discuss the issue on the talk page. software, and Ellie Mae Docs for speedy, error-free electronic closing documentation. To learn more about Ellie Mae, call 888.955.9100 or visit www.elliemae.com. Ellie Mae(R), ePASS(R), Encompass(TM), Contour(TM), Genesis(TM), Executive Web Sites(TM), Ellie Mae Docs(TM) are the sole property of Ellie Mae, Inc. |
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