Replies to post #124649 on InterDigital Inc (IDCC)

[laranger]

Mschere.

If Nokia can't get the court to vacate the award, it would appear their arbitration-gamble could well exceed $300 million, before offsets for delays in paying.

Take a crack at these "round number" estimates:

Basic award. $210 million.

Lost discount on "Period #1: $20 million.

Lost discount on "Period #2: $20 million.

Interest (5% P.A.) according to PLA for 2002/2005: (20%) $50 million.

Additional interest assessed (2.5% P.A.) for 2002/2004: $19 million.

Total $319 million.

Total: Lost discounts, interest and additional interest: $109 million.

I'm sure I missed something. But even if Nokia privately concedes that it owed the $210 million, try tacking on several millions more for arbitration fees, fighting the confirmation, and a 13 point drop in the Euro, and we're talkin' some real bucks.

[olddog967]

mschere: While IDCC's filing cited three Supreme Court decision, Nokia's only cited two, so I guess we are ahead in that respect (LOL). What I found more interesting was that in Nokia's filing, of the of the twenty six case citations, nine were from NY state courts, and only 13 from the Federal SDNY and 2d Circuit. This apparently was related to their emphasis on NY law being applicable. On the other hand, for IDCC out of twenty two citations, seventeen were from SDNY and 2d Circuit, with only one NY case cited. Another interesting point was that of all the cases cited, four were cited by both parties.


IMO:While IDCC filed "24 blank pages"..Their Table of Authorities included THREE U.S.Supreme Court Decisions which are APPLICABLE to the issue before the Court..This will not go unnoticed by those who have Significant Investments in IDCC or are contemplating initiating a new position..It certainly will be understood by those Analysts that have been sitting on the sidelines..I actually felt Misco would have sufficed..