Vertical Computer Systems Inc (fka VCSY)

[lbman]

By: JonnyQwan
30 Nov 2012, 05:57 PM CST
Rating: You rated it: Msg. 343185 of 343195

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Motion for Summary Judgement....

The hearing on the 13th is to hear oral arguments concerning Interwoven's Motion for Summary Judgement.


If no settlement prior.... Judge Seeborg will hear those arguments and rule on that motion.


Looks like Seeborg sent a strong message by requesting the settlement conference moved to being prior to that hearing, that he wants this thing settled!

IMO, this gives Interwoven it's last piece of leverage in negotiating a settlement ( albeit... not much leverage ).

I think this is Seeborg's last peace offering to Interwoven, and if Interwoven does not agree to a settlement, Judge Seeborg is prepared to deny Summery Judgement.. AND issue an injunction against IDOL/Teamsite! I

We shall see soon!