InterDigital Inc (IDCC)

[olddog967]

Paullee: My thoughts on IDCC's 8-K legal announcement:

ASUS
A redacted copy of the order is not yet available. The parties have until January 11 to submit proposed redactions to the Court’s order. If no proposed redactions are received the Court will unseal the order in its entirety. In the meantime the case was assigned to a Magistrate Judge for a settlement conference,

I was surprised it it took so long for this to happen. As I previously wrote almost year ago (post #20910), after Pegatron settled:

“ I would think that there will soon be a settlement with ASUS. Pegatron and ASUS are related companies, and their claims were almost identical. In fact, IDCC had previously asked that the cases be consolidated, but the Court did not approve.”


Huawei

Besides being a nice legal win for IDCC, I believe IDCC will not have to pay Huawei the court assessment of 20.0 million RMB (approximately $3.2 million) in damages related to attorneys’ fees and other charges; and Huawei will not be able to use the court’s royalty calculations in their negotiation of a new license