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Silk Road, Apple E-Book Settlement and Bankruptcy Judgeship Vacancy

By Gabriella Khorasanee, JD on July 22, 2014 | Last updated on March 21, 2019

Two cases closely watched by the tech industry are making progress through the Second Circuit. In the first case, Apple's e-book litigation may be coming to an end with a proposed settlement awaiting court approval, while the criminal case against Ross William Ulbricht, the alleged founder of Silk Road, is moving forward.

And if that's not enough and you want to try your hand at the judiciary -- well there's a job opening for that. Read on for details.

Apple's Proposed E-Book Settlement

Last year, a district court found Apple conspired with five publishers to price-fix e-books sold online. The five publishers settled the case, but Apple is continuing with the appeal, which is now pending before the Second Circuit. Nonetheless, last week New York Attorney General Eric Schneiderman announced that Apple had agreed to a proposed settlement that "depends on the outcome" of the appeal, reports The New York Times.

If the Second Circuit affirms the district court's antitrust ruling, then Apple will pay $400 million; if the ruling is not affirmed and must be retried, Apple will pay $50 million; and if the Second Circuit reverses finding no violation of antitrust laws Apple will pay nothing. Announcing the settlement agreement, Schneiderman stated, "This settlement proves that even the biggest, most powerful companies in the world must play by the same rules as everyone else." The settlement agreement must still be approved by the court.

Silk Road Case

Ross William Ulbricht, a/k/a "Dread Pirate Roberts" was indicted on, among other things, charges of computer hacking conspiracy, money laundering conspiracy, and narcotics trafficking conspiracy. Ross pleaded not guilty, and his mom went on a tour that included SXSW, trying to raise funds to cover his legal representation. Earlier this month, District Judge Katherine B. Forrest denied Ulbricht's motion to dismiss all counts, setting the stage for trial. To some, this ruling may have a chilling effect on e-commerce entrepreneurship, says Forbes, but it may be too early to tell.

Vacancy -- Bankruptcy Judgeship in the District of Connecticut

The Judicial Council of the Second Circuit announced that it is seeking to fill a vacancy for a bankruptcy judgeship in the District of Connecticut. All applications are due August 15, 2014. For more information on the position, read the announcement here and you can download the application here.

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