InterDigital Inc (IDCC)

[mschere]

Sound reasoning..I would add that while both parties agreed to the ICC Final Award date to be set in Stone as far as a FINITE date (5/31/05)..I also believe that IDCC reserved the right to UNILATERALLY permit a earlier Date at any point that they deem settlement talks have been Deadlocked for any reason..keeping the pressure on Nokia for a swifter resolution of 3G..

Item 8.01. Other Events.

On February 14, 2005, the Tribunal presiding over the arbitration proceeding
between InterDigital Communications Corporation and its wholly-owned subsidiary
InterDigital Technology Corporation (ITC), and Nokia Corporation (Nokia),
notified the parties that the International Court of Arbitration of the
International Chamber of Commerce (ICC) has set May 31, 2005 as the last date
for rendering a Final Award. The Company anticipates a decision by the ICC on or
before that date absent an earlier resolution by the parties. The arbitration
relates to Nokia's royalty obligations on its worldwide sales of 2G GSM/TDMA and
2.5G GSM/GPRS/EDGE products under its existing patent license agreement with
ITC.


The ICC informed the Tribunal. Why? What difference would it make unless the parties requested time from the Tribunal for settlement purposes? The issue has to be raised in order for there to be a response. Look closely at the "last date" wording. I do not know for sure that the parties requested that the decision and award be held in limbo for a reasonable time to settle, but it seems strange that this information would even be available for 8k purposes without initiation from the parties.