CoStar Awarded Record $500M Settlement From Xceligent In Copyright Suit

CoStar Group's legal battle with Xceligent appeared to fade when its competitor shut down nearly two years ago, but new documents show the dispute has continued behind the scenes, and CoStar just won a major victory.

CoStar and Xceligent's court-appointed bankruptcy trustee filed a proposed judgment in Delaware Bankruptcy Court Tuesday, finding Xceligent liable for $500M in damages for stealing tens of thousands of images from CoStar's databases.