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Saturday, September 27, 2003 3:29:52 AM
In a bizarre twist, Idcc seems to be saying to Samsung that since Nok has not agreed to a rate after 1/1/02 while the matter is being arbitrated, no licence with them for that period (after 1/1/02) exists. Therefore, although the MFL clause in the Samsung agreement allowed them to pay no more than the NOK rate prior to 1/1/02 it does not excuse them from paying at least what the Ericy rate is in the period after 1/1/02.
Samsung is saying that the Nok rate (to be determined by arbitration) is in fact a rate and they should pay no more than Nok's rate and NOT UNTIL until that rate is determined.
What it boils down to is the question,"Is a licence without an established rate really a licence at all or does it become a licence only when a rate is set?" In this case, Idcc seems to be saying there is no licence between Idcc and Nok until the rate has been established and therefore Samsung's MFL protection can not kick in until that happens. Samsung is saying there is indeed an Idcc-Nok licence even without an established rate.
Looking at it that way, I might just lean towards Idcc's argument. The only problem is that the Idcc Nok rate will have probably been set before the Samsung arbitration has been concluded. At time the whole question becomes moot. With that in mind, I still don't understand why Idcc is pressing the issue at this time.
Recent IDCC News
- InterDigital Announces Date for Second Quarter 2024 Financial Results • GlobeNewswire Inc. • 07/18/2024 12:30:00 PM
- UK Court of Appeal rules in favor of InterDigital in dispute with Lenovo • GlobeNewswire Inc. • 07/12/2024 01:10:00 PM
- InterDigital Announces Convertibility of 3.50% Senior Convertible Notes Due 2027 • GlobeNewswire Inc. • 07/03/2024 08:00:00 AM
- InterDigital signs license agreement with Google • GlobeNewswire Inc. • 07/02/2024 08:00:00 AM
- Form 11-K - Annual report of employee stock purchase, savings and similar plans • Edgar (US Regulatory) • 06/20/2024 12:30:40 PM
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- Form 8-K - Current report • Edgar (US Regulatory) • 06/10/2024 08:30:24 PM
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