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Re: jist1 post# 393605

Friday, 12/12/2014 11:09:14 AM

Friday, December 12, 2014 11:09:14 AM

Post# of 436130
jist1: From my stick-post on 'legal' matters:

DATE SUBJECT
12/15/14 Armina Arbitration Scheduling conference on July 28, 2014, InterDigital filed an amended petition in the Delaware District Court to reflect the revised award of approximately $23.6 million (which will continue to accrue interest until payment by Arima). On August 21, 2014, Arima filed a cross-petition to vacate, or in the alternative to modify, the arbitration award. The parties have fully briefed their respective petitions and are awaiting a decision from the court.

Could be any day now that the decision is rendered. Remember, most Arb cases are decided and appeals generally are heard but disregarded.

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