Replies to post #120235 on InterDigital Inc (IDCC)

[laranger]

Although it may mean little to Nokia, there is a penalty for Nokia's actions.

If they miss the payment date for 2002/2003 2G, they lose $20 million in prepaid discounts.

If they miss the payment date for 2002/2005, they lose another $22 million.

If they continue to act like petty thieves, they could lose almost $50 million in interest on the above, which might otherwise be forgiven by IDCC.

If they file a frivolous action in attempting to upset the award, punitive damages could be assessed.

Nokia is risking almost $100 million if they continue stalling, not including damages.

Although some will say this is peanuts, it could be almost half of the $250 million award.