you're not referring to $5 million owed by carter, you're suggesting the 13 owe interest for monthly infringement for the technology pensive query, what's the percentage utilized for that ? by chance, did Teece make reference to % in court feb 18th ? if Teece did not, what is the usual/general rule to interest rate charge re: patent tech
If I recall correctly interest starts on the day infringers received notice of infringement from uoip.That said , I read somewhere that interest = x% say 8% the interest over x years say 8years the principle doubles. I know my numbers aren’t correct......so whoever has the correct numbers please feel free to insert. Interest has been accumulating since 2011 so yes.....interest is a big number.......it’s the rate that will have to be negotiated unless there’s a court rule that stipulates....I just don’t have that answer.....anyone?