$25 per part/unit vs SOLM's $10k per unit.. Solomon's patent infringement suit is for the "entire" drive unit used in the Hybrid, I heard they are asking for over $10k per unit shipped world wide by Toyota.. now that's big bucks!
plus there have been 10 times more Hybrid vehicles shipped since that award..
SOLM will not settle for less than 100's of millions from what I understand, there's also punitive damages which can be as much as 3 times actual award by the jury as well!
$25 per unit vs $10k per unit
Paice LLC sued Toyota in 2004 over three patents Paice said Toyota infringed with their hybrid drive train. The court ruled, in a jury verdict at a Texas court known for patent cases, that Toyota did infringe on one of the three patents and Toyota had to pay $25 per infringing car (Prius II, Toyota Highlander hybrid and Lexus RX400H) or $4.23 M. The court also ruled Toyota did not have to stop making cars that infringed on Paice's patents. Today, Bloomberg reported that the appeals court reaffirmed the ruling but did ask the lower court to revisit the reason for the $25 damages for every infringing car sold. Both companies appealed to a higher court
"God Bless America our Troops and our Children"......... don't forget to, Let Freedom Ring!
