Replies to post #47957 on InterDigital Inc (IDCC)

[texb]

Brokentrade, IDCC/NOK/Sam still in limbo pending 11/24 hearing...

I believe the latest PACER entry was on 9/26 as reported complements of jaykayjones:

http://www.investorshub.com/boards/read_msg.asp?message_id=1681755

It appears that the hearing will be open to the public and our faithful sleuths Sherlock(JK) and Watson(Chartex) plan to be in attendance.

http://www.investorshub.com/boards/read_msg.asp?message_id=1650762

Welcome back!

texb

[Ghors]

Are you saying that the Federal Court does not have jurisdiction to hear the failure of consideration claims of IDCC? If not, do you believe that the arbitration panel has the power to rule the contract unenfoceable if IDCC's claims are not frivolous?

To answer the above, it would be nice to have the insurance policy and reimbursement agreement to read.

BTW, I am not taking a position regarding the merits of the lawsuit, merely stating what is in it. I don't doubt it is defensive, but I also know that a company in financial trouble, run by lawyers or not, can be coerced into doing things it would not otherwise do if the other party has the power.

Ghors