Monday, July 18, 2005 7:53:49 PM
"Do you have any thought on my question if IDCC dropped their suit in New York what can the ICC do for them? If they can't enforce their decision what good is it?"
An arbitration tribunal does not have any power to enforce an award, only a court can. It is a matter of power. The ICC cannot send marshalls to seize property in the United States, only an authorized U.S. court can do that. But this is how arbitration operates. Most parties agree to comply with an award. If a party doesn't, then the only choice is to bring an action in Court to confirm the award. Then, the full power of a court is behind the award.
This issue of power even applies to actual court judgments. Think of it this way. Lets say you were traveling in Nevada, but didn't live there, and ran up a huge bill in a hotel and refused to pay. Let's say the Nevada hotel sued you in Nevada and won a judgment. Let's also say that you refused to pay the judgment and lived in Pennsylvania where you had a bank account. The Nevada Court judgment would only be limited to Nevada and could not be levied against you directly in Pennsylvania. Instead, the hotel would have to sue you in Pennsylvania to enforce the Nevada judgment. Again, there are practically no defenses to such a suit to enforce a judgment, but a party still has to go through the process.
Recent IDCC News
- Form 10-Q - Quarterly report [Sections 13 or 15(d)] • Edgar (US Regulatory) • 10/31/2024 12:36:32 PM
- Form 8-K - Current report • Edgar (US Regulatory) • 10/31/2024 12:33:08 PM
- InterDigital Announces Financial Results for Third Quarter 2024 • GlobeNewswire Inc. • 10/31/2024 12:30:00 PM
- InterDigital signs license agreement with OPPO Group • GlobeNewswire Inc. • 10/29/2024 08:00:00 AM
- Form 4 - Statement of changes in beneficial ownership of securities • Edgar (US Regulatory) • 10/25/2024 10:48:15 AM
- Form 4 - Statement of changes in beneficial ownership of securities • Edgar (US Regulatory) • 10/25/2024 10:47:29 AM
- Form 4 - Statement of changes in beneficial ownership of securities • Edgar (US Regulatory) • 10/25/2024 10:46:05 AM
- Form 4 - Statement of changes in beneficial ownership of securities • Edgar (US Regulatory) • 10/25/2024 10:45:21 AM
- Form 4 - Statement of changes in beneficial ownership of securities • Edgar (US Regulatory) • 10/25/2024 10:44:41 AM
- Form 4 - Statement of changes in beneficial ownership of securities • Edgar (US Regulatory) • 10/25/2024 10:42:25 AM
- Form 4 - Statement of changes in beneficial ownership of securities • Edgar (US Regulatory) • 10/25/2024 10:41:39 AM
- Form 4 - Statement of changes in beneficial ownership of securities • Edgar (US Regulatory) • 10/25/2024 10:35:43 AM
- InterDigital Engineers Awarded SMPTE 2024 Journal Certificate of Merit for Energy-Aware Pixel Value Reduction Research • GlobeNewswire Inc. • 10/25/2024 08:00:00 AM
- InterDigital and The University of Texas at Austin to Showcase Over-the-Air Federated Learning for AI Model Training at Brooklyn 6G Summit • GlobeNewswire Inc. • 10/21/2024 08:00:00 AM
- InterDigital Announces Date for Third Quarter 2024 Financial Results • GlobeNewswire Inc. • 10/15/2024 12:00:00 PM
- UPDATE -- InterDigital and Lenovo agree to enter into new license agreement – final terms to be determined in binding arbitration • GlobeNewswire Inc. • 10/09/2024 06:22:11 PM
- InterDigital and Lenovo agree to enter into new license agreement – final terms to be determined in binding arbitration • GlobeNewswire Inc. • 10/09/2024 08:00:00 AM
- Form 4 - Statement of changes in beneficial ownership of securities • Edgar (US Regulatory) • 10/08/2024 08:43:54 PM
- InterDigital to Outline Immersive Technologies Enhancing Sports Experiences at Mobile World Congress Las Vegas • GlobeNewswire Inc. • 10/03/2024 08:00:00 AM
- InterDigital signs new license agreements with TPV • GlobeNewswire Inc. • 10/01/2024 12:30:00 PM
- InterDigital Wins Two CSI Awards for Best Immersive Video and Video Processing Technology • GlobeNewswire Inc. • 09/16/2024 12:30:00 PM
- InterDigital Announces Annual Recurring Revenue Target Of $1 Billion By 2030 • GlobeNewswire Inc. • 09/16/2024 12:00:00 PM
- Interdigital Announces Increase of Regular Quarterly Cash Dividend • GlobeNewswire Inc. • 09/10/2024 12:00:00 PM
- At 6GSymposium, InterDigital to Lead Crucial Discussions on Emerging Use Cases and Avenues Towards 6G Profitability • GlobeNewswire Inc. • 09/09/2024 08:00:00 AM
- Form 4 - Statement of changes in beneficial ownership of securities • Edgar (US Regulatory) • 09/06/2024 08:05:00 PM
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Integrated Ventures Announces Partnership And Lease Agreement with Driptide Wellness - Leading Health and Wellness Provider. • INTV • Oct 29, 2024 8:45 AM