Replies to post #119329 on InterDigital Inc (IDCC)

[whizzeresq]

JimLur--would you rather have had this dispute before a jury? Actually it is very standard in all of these license agreements to have an arbitration provision--international contracts usually use the ICC. Once the arbitration provision is in an agreement, parties have no option to instead proceed to court and are stuck with arbitration.

[3GDollars]

Jim,

It looks like that's Nokia's strategy from the get go. To drag it out as long as possible so that IDCC will either cry uncle or go under.

[laranger]

Jim.

There's little we can add to what's already been said.

Still, Nokia has yet to lose the prepaid discount.

If they fire the first "shot" on August lst, it could cost them $42 million in discount, and near $50 million in interest (Assuming 9%/per year), for a total of about $100 million.

Nonetheless, I find Nokia's comment fascinating:

"InterDigital said it was informed by Nokia that Nokia will file a motion to vacate the award and POSSIBLY file a motion to stay the award."

That's why I asked Ghors if IDCC was "required" to make such a statement. Maybe Whizzer wants to comment.

Seems strange to see lawyers use "street language" that (1) telegraphs their intentions (2) might be revealed to the public, and (3) has an odor of indecisiveness.

i.e., "We want you to know that Jorma is REALLY pi$$ed. So first, we're going to smack you in the snout. Then we MIGHT POSSIBLY give you a knee to the groin!"

Although I have no doubt they might mean what they say, I'll still have to see it to believe it.