Replies to post #419613 on InterDigital Inc (IDCC)

[olddog967]

mickey: For you information IDCC already has a license with ASUS and ASUS apparently is still paying royalties under the license.

What happened is that ASUS filed a district court lawsuit against IDCC primarily on various anti-trust grounds requesting that, in effect, the license be voided and monetary relief be granted. IDCC requested that instead of a court action all of ASUS's various claims be handled by arbitration. After a lot of legal actions, it was determined that only one of ASUS's claims (fraudulent inducement} would be dropped from the district court case and be handled by arbitration. That one claim is what the arbitration decision was all about.

The district court case covering ASUS's seven other claims is still going on with a trial scheduled for May 2019.