Amarin Corp Plc (AMRN)

[marjac]

Agreed that the Company will probably take a "no comment" position on the upcoming oral argument. Nobody has a crystal ball about how a reversal would affect the stock price, but a win and remand on Appeal, would be HUGE for the company and the shareholders, as Amarin would now be in the driver's seat in the litigation.

While the Judge in theory might have the option of rejecting Amarin's claims all over again, the Judge might not be in such a position. A reversal and remand is not the same as the CAFC's hideous Rule 36 one word "Affirmed" nonsense. A reversal and remand will be accompanied by a written Opinion with reasons. That Opinion constitutes binding authority upon the District Court. That Opinion might severely restrict the Judge's ability to throw the case out. In any event, a reversal and remand opens a Pandora's Box of good things for Amarin and it shareholders.