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Technology Stocks : Interdigital Communication(IDCC) -- Ignore unavailable to you. Want to Upgrade?


To: ricky who wrote (4852)12/9/2002 12:43:10 AM
From: Gus  Read Replies (1) | Respond to of 5195
 
I think that ERICY is just trying to find a reason for the judge to overturn the jury decision. This part of patent litigation is most obscure, but I'm aware of 2 recent cases where the judge actually overturned the jury decision.

In Ampex vs Mitsubishi (1997), Ampex won the jury decision, including a jury award of $8M, but the judge overturned the jury decision and ordered a new trial. Ampex and Mitsubishi settled 2 related cases for a nominal amount before going to trial again.

In Odetics vs StorageTek (1999), Odetics won the jury decision, including a finding of willful infringement and a jury award of $71M, but the judge reversed the jury decision in favor of Storagetek! On appeal, however, the CAFC overturned the judge's decision to reverse the jury decision because the judge's "component-by-component analysis ... finds no support in the law." Odetics and Storagetek settled two related cases soon after with Storagetek paying Odetics something like $100M.

The judge's decision on this and other post-trial motions are expected to come out 60-90 days after the jury decision or sometime during the ERICY vs IDCC trial which starts on 2/10/2003.