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Intellectual Property Watch reports that leaders at the G20 meeting in London have struck a deal to create an international court for intellectual property litigation:

“The so-called World Intellectual Property Litigation Court would be established by 2012, according to a copy of the communiqué obtained by Intellectual Property Watch.The idea for a global court arose at the UN World Intellectual Property Organization [WIPO], according to sources at the highly regarded blogs IPKat and IP Think Tank.”