Replies to post #96029 on InterDigital Inc (IDCC)

[olddog967]

Ron: Although the UK lawsuit was filed in June, It was not until December 8, that the court ruled against IDCC and ordered them to pay Nokia's cost estimated at $200,000. This would be an additional 4th quarter charge probably not included in prior guidance


"The U.K. court has now ruled. (1) It denied every single request for relief that ITC made – all of which were designed to impede Nokia’s Application – and ordered ITC to pay Nokia’s U.K. costs (preliminarily set at $200,000). The U.K. court also refused to grant ITC’s request for leave to appeal, expressly finding that ITC could not show a likelihood of success in the appellate courts.

(1) The U.K. court has not yet prepared its written judgment. ITC attached a transcript of the U.K. court’s oral ruling in court on December 8, 2004."

[JimLur]

Thanks Ron and I'm sure all the investors who were concerned over this issue now feel comfortable.