Replies to post #170762 on InterDigital Inc (IDCC)

[revlis]

sjratty,

The judge in the NOK case filed his decision on Dec. 28.

Judge Confirms Award For Interdigital In Nokia Dispute

By CHAD BRAY
December 28, 2005 2:07 p.m.

Of DOW JONES NEWSWIRES
NEW YORK -- A federal judge in Manhattan on Wednesday confirmed an arbitration award of about $250 million for InterDigital Communications Corp. (IDCC) in a dispute with cellular phone maker Nokia Corp. (NOK) over royalties.

In an order filed Wednesday in the Southern District of New York, U.S. District Judge William H. Pauley III upheld the award granted by an arbitration panel in June and denied Nokia's motion to vacate it.

"While this court does not necessarily agree with every finding of the panel, there is nothing so aberrant about the award to require vacatur," Judge Pauley said in his order. "This court confirms the award in its entirety."

The dispute revolves around royalties agreed to as part of licensing agreements entered into by InterDigital Communications and Nokia in January 1999.

A Nokia spokesman didn't immediately have a comment when reached Wednesday afternoon.

[mschere]

Question..Assuming IDCC is granted a Final Judgement award for some $200 Million..what are Samsung's requirements in order to proceed with an Appeal, such as posting a bond , interest etc.Assuming IDCC requests sanctions and they are granted ..what form does that take? TIA


Unfortunately, federal courts do not move that fast, particularly around the holidays. I would not expect a ruling until at least early next year (and only then if there is no oral argument).