$SFOR Remember Centrify, DUO & Trustwave already h
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Posted On: 11/21/2017 9:18:27 AM
$SFOR Remember Centrify, DUO & Trustwave already had a SETTLEMENT CONFERENCE
This Settlement Conf on 01/31/17 was key event driver. Remember all three were consolidated for discovery phase only for speeding up the process, BR found 11 claims ( 1, 7, 8, 10, 19, 22, 48, 50, 52, 53,and 54 ) now of '698 that is being infringed by DUO/Trustwave & Centrify, updated the complaint, decoupled the dockets and we know what settlement conf follows.
Settlement conferences basically involves the judge to get two settlement figures from the Defendants. All they need from the court is its indication that a figure is somewhere between their two figures is fair. Once received, this judicial approval is added to their recommendations to their clients & Settlement results.
Centrify, DUO & Trustwave is stretched this far only to get Royalties and Full damages (3x) as Settlement Conference already happened on 01/31/17 and I am pretty damn sure the amount demanded during the settlement conference is BIG, I mean Huge and may include Treble Damages, All the lost profits , Interest on all lost profits, royalty and licencing agreement for sales going forward, attorney fees and any other damage that the Judge can incorporate.
Further CDT drags, the more they lose. I am expecting them to fold down on the way in very very near future.
I remember when a judge ordered Marvell Technology Group to pay $1.54 billion to Carnegie Mellon University for selling billions of semiconductors that infringed the school’s two hard disk drive patents. During the settlement conference Carnegie Mellon asked for $3.75 billion but end up getting $1.54 billion & later appealed for more damages.
During the appeal CMU said , school deserved ”enhanced damages” because it showed that Marvell and its Marvell Semiconductor unit deliberately copied its patents through ”known willful infringement.”
This Settlement Conf on 01/31/17 was key event driver. Remember all three were consolidated for discovery phase only for speeding up the process, BR found 11 claims ( 1, 7, 8, 10, 19, 22, 48, 50, 52, 53,and 54 ) now of '698 that is being infringed by DUO/Trustwave & Centrify, updated the complaint, decoupled the dockets and we know what settlement conf follows.
Settlement conferences basically involves the judge to get two settlement figures from the Defendants. All they need from the court is its indication that a figure is somewhere between their two figures is fair. Once received, this judicial approval is added to their recommendations to their clients & Settlement results.
Centrify, DUO & Trustwave is stretched this far only to get Royalties and Full damages (3x) as Settlement Conference already happened on 01/31/17 and I am pretty damn sure the amount demanded during the settlement conference is BIG, I mean Huge and may include Treble Damages, All the lost profits , Interest on all lost profits, royalty and licencing agreement for sales going forward, attorney fees and any other damage that the Judge can incorporate.
Further CDT drags, the more they lose. I am expecting them to fold down on the way in very very near future.
I remember when a judge ordered Marvell Technology Group to pay $1.54 billion to Carnegie Mellon University for selling billions of semiconductors that infringed the school’s two hard disk drive patents. During the settlement conference Carnegie Mellon asked for $3.75 billion but end up getting $1.54 billion & later appealed for more damages.
During the appeal CMU said , school deserved ”enhanced damages” because it showed that Marvell and its Marvell Semiconductor unit deliberately copied its patents through ”known willful infringement.”
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