Judge Halves Samsung Payment to Apple

The judge presiding over a patent infringement lawsuit that Apple (NASDAQ: AAPL  ) had brought against Samsung cut almost in half the $1 billion that a jury awarded Apple last August.

Judge Lucy Koh vacated over $450 million from the original penalty because that award was based on "an impermissible legal theory," and the jury could not therefore "reasonably calculate" the amount of damages caused by 14 Samsung products. The judge has ordered a second trial to cover those products.

The final amount that Samsung may or may not have to pay Apple won't be determined until the outcome of the second trial is determined. A date for that trial has not yet been set.

Intellectual analyst Florian Mueller wrote in his Foss Patents blog that Apple could try to immediately collect the almost $600 million that wasn't vacated from the award, but would probably not see any money before the suit is completely resolved.

link


Read/Post Comments (1) | Recommend This Article (1)

Comments from our Foolish Readers

Help us keep this a respectfully Foolish area! This is a place for our readers to discuss, debate, and learn more about the Foolish investing topic you read about above. Help us keep it clean and safe. If you believe a comment is abusive or otherwise violates our Fool's Rules, please report it via the Report this Comment Report this Comment icon found on every comment.

  • Report this Comment On March 01, 2013, at 5:57 PM, demodave wrote:

    So s she now going to turn around and triple the halved award on account of Samsung's *willful* misbehavior and tampering with their records (e. g. Email)?

Add your comment.

Sponsored Links

Leaked: Apple's Next Smart Device
(Warning, it may shock you)
The secret is out... experts are predicting 458 million of these types of devices will be sold per year. 1 hyper-growth company stands to rake in maximum profit - and it's NOT Apple. Show me Apple's new smart gizmo!

DocumentId: 2288973, ~/Articles/ArticleHandler.aspx, 8/30/2014 2:25:47 PM

Report This Comment

Use this area to report a comment that you believe is in violation of the community guidelines. Our team will review the entry and take any appropriate action.

Sending report...


Advertisement