Friday, December 12, 2014 11:09:14 AM
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.
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.
We learn to crawl before we walk;
We learn to walk before we run;
We learn to run before we fly;
We learn to fly before we soar!
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