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Re: Alphi post# 8806

Friday, 10/12/2012 12:20:28 PM

Friday, October 12, 2012 12:20:28 PM

Post# of 68424
This part of your link is interesting

"We would expect VRNG to receive a 0.75 percent royalty payment or $500 million payment for the trailing years and at least $100 million annually through 2016," D'Agostino wrote in a note to clients.

Notably, Vringo holds the upper hand in the dispute as a district judge denied Google's motion for summary judgment in the patent dispute. The judge ruled that summary judgment would be inappropriate as there are genuine issues of material fact in dispute.

"We contend that this ruling only strengthens VRNG's patent infringement claim against Google with the trial commencing on October 16, 2012, in our opinion," D'Agostino noted.