Yes, in the fall of 2010, I believe. But, like every other issue then being handled by the Board of Illegitimate, Unelected Officers (in judge's words in the Receivership declaration), all details were kept secret. The only information issued was that both sides had agreed with the judge to a 90 day extension on a deal that had been reportedly been completed.
This implies that something was going on, but one can only speculate. That TM immediately issued a motion to dismiss the case as soon as CLYW went into receivership all but shouts that TM was just trying to run-out the clock on ever having to pay for its infringement on CLYW patents.
As for Daic's 28% of any TM settlement, again, TFB. The receiver has the power to tell Daic to go pound sand on this one, esp. in the light of evidence of collusion between him and the BOD. If I read all the back cases correctly (I am not a lawyer nor pretend to be one), the receiver has the power to do whatever he thinks fair regarding all the allegedly fraudulent settlements completed by the "illegitimate" board of directors who, after failing to ever hold a shareholders' meeting, lost all authority to make any company deals (per Delaware law). Daic may be reduced to just one of us -- a shareholder standing in line. For that matter, the umpteen millions of shares the Board of Crooks gave him in various deals may also evaporate. How sad for him.
Now, of course, TM is again on the hot seat. Assuming that TM's motion is denied and that in August we win the Markman hearing, all bets are off regarding what TM and all other infringers (basically the entire cell phone network industry) will end-up paying CLYW creditors and stockholders. It's gonna be an exciting year.
