UOIP nice Pacer updates from yesterday The d
Post# of 37036
The defendants appear to be fishing for a number to offer for UOIP as a buyout. Figuring $2T of combined internet and cable tv sales, reduced by 50% as a rudimentary estimation of the effect our tech has on sales (considering they would have continued offering an inferior product), equals $1T. Settling with us for just 1% of that revenue equals $10B. Divide that across the share count and we have a rough estimate of $6 per share. And that is just settlement for all of the past infringement! Take into account the value of the tech moving forward and this is worth over $10 per share.
The information below is courtesy of ice2014 https://investorshub.advfn.com/boards/read_ms...=140609393
Pacer Update & Sealed Letter from Defendant & Sealed Response from Chanbond.
Major BLOW to defendants (cable companies) !!! .
DENIED, DENIED and DENIED !!!
I downloaded "Monday, May 07, 2018 PROPOSED ORDER Denying Defendants' Discovery Requests re255 Letter by ChanBond, LLC. (Brauerman, Stephen)"and would like to share the summary.
Summary:
The court of Honorable Richard G. Andrews considered the issues raised in Defendants’ letter of May 1, 2018 and Plaintiff’s May 4, 2018 letter, and ordered following:
1) Defendants’ requested to re-open the deposition of Patrick Keane. Mr. Keane provided to CBV legal advice regarding patent portfolio. The request is DENIED as the communication involving the legal advice are protected by the attorney client privilege.
2) Defendants’ request for production of documents underlying the CB Capital valuation is DENIED. "Unified Online, the current owner of ChanBond," retained CB Capital as a non-testifying expert consultant and such communications are protected under the Federal Rules of Civil Procedure.
3) Defendants’ request for a supplemental privilege log, or alternatively the production of the documents withheld on the basis of privilege is DENIED.
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History lesson for folks who are new, UOIP took over CHANBOND whereas CHANBOND had taken over CBV. Below, Stephen is UOIP lawyer, and Jennifer is cable companies lawyer.
I think #2 above is significant. The cable companies wanted to know what valuation UOIP came up before initiating the case. Probably defendants wanted to know to factor it in the settlement talks ?
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History of recent PACER Documents
https://www.pacermonitor.com/public/case/9426...Group,_LLC
Monday, May 07, 2018
PROPOSED ORDER Denying Defendants' Discovery Requests re255 Letter by ChanBond, LLC. (Brauerman, Stephen)
Friday, May 04, 2018
[SEALED] Letter to the Honorable Richard G. Andrews from Stephen B. Brauerman regarding Responding to Defendants Discovery Dispute Letter - re253 Letter. (Brauerman, Stephen)
Thursday, May 03, 2018
ANSWERING BRIEF in Opposition re242 Renewed Motion to Stay Pending Resolution of Inter Partes Review filed by ChanBond, LLC.Reply Brief due date per Local Rules is 5/10/2018. (Brauerman, Stephen)
Tuesday, May 01, 2018
[SEALED] Letter to The Honorable Richard G. Andrews from Jennifer Ying regarding discovery dispute.(Ying, Jennifer)
Att: 1 Exhibit A-S,
Att: 2 Proposed Order