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osoesq

08/29/05 9:17 PM

#124609 RE: revlis #124605

What did the Court of Appeals rule in Mastrobuono? It sounds to me as though they ruled that the arbitrators didn't have the right to grant punitive damages. The Supremes reversed. Ergo, by choice of laws, by entering into the subject contract, the defendants (NOK) had put themselves in harm's way and if the arbitrators granted punitive damages (or punished them in some other fashion), so be it. JMHO-Oso
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habu

08/29/05 11:50 PM

#124619 RE: revlis #124605

NOK would claim that they were penalized if the awardwas only for 1$. They view any money they owe as a penalty

Nok in its filing said they were penalized. I think what IDCC is arguing that even if that is true, the arbitrators had the authority to do so citing Mastrobuono.
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laranger

08/30/05 7:45 AM

#124621 RE: revlis #124605


You said, "Nok in its filing said they were penalized. I think what IDCC is arguing that even if that is true, the arbitrators had the authority to do so citing Mastrobuono."

Nokia may be talking about the "additional interest", and the loss of cash discount during 2002/2004, which was mentioned on August 20:

"O'Dog.

Yeah. Nokia always seems to want it both ways, depending on which way the wind is blowing, and whether its attorneys got a good night's sleep.

Although not earthshaking on the surface, the "additional interest" question may be significant, for what it implies.

Nokia argues that it was merely following the PLA in demanding the arb., and shouldn't be punished for doing so. However, additional interest appears to be a slap in the face, for deliberately causing a two year delay in resolving the trigger issue. Otherwise, why start a fight by deviating from the PLA?

And the decision to disallow cash discount appears to be a second slap in the snout.

I remember Loop saying, in effect, Nokia was not delinquent in paying 2002/2004 royalties, until the panel ruled that a trigger was pulled. That made total sense. But the panel apparently had enough evidence to rule otherwise.

If the court confirms, these two amounts could dwarf the legal fees Nokia is paying."