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Courts

Win for Craigslist in fight with EBay

October 03, 2009|Times Wire Reports

Craigslist, the online classified ads company, has won the first salvo in a legal battle with Internet auctioneer EBay Inc.

A Delaware judge granted summary judgment to Craigslist on claims alleging that founder Craig Newmark and Chief Executive Jim Buckmaster improperly granted themselves broad indemnification against legal liabilities in 2007.

A trial is expected to begin later this year on EBay's claims that Newmark and Buckmaster improperly acted to dilute the minority interest of EBay.

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