InterDigital Inc (IDCC)

[enyaw]

I am confused as are many others but need help in clarifying something if clarification can be accomplished.

"Subject to the receipt of Samsung's first payment due first quarter of 2009, the parties will move to end all litigation and arbitration proceedings ongoing between them."

We currently have three ongoing situations with Samsung:
1. ITC investigation
2. 2g for 2006
3. 2g for 2000-2005

The ITC will end based on this agreement and Judge Lukern will proceed and the case for this 3g dispute will be closed.

We never did see anything on the 2g for 2006 but we can assume that the ICC did provide figures to IDCC. Merritt did give a figure of about $40mm due from Samsung.

The current court action on the award for 2g for 2000-2005 was awaiting oral arguments. This is were my question comes to the front. If we end this litigation, does IDCC get the money (Samsung did post a bond), along with the $400 million going forward?