Patent Law

Disappointed

By Gary Odom and Jordan Kuhn

InterDigital is trying to hammer Samsung into licensing submission for five of its cell phone patents though the ITC. An ITC staff recommendation, just issued, recommended against granting injunctive relief. On that news, InterDigital shares shed 22.6% of their value, dropping $5.72 to $19.54. Investors are a squeamish bunch.

An ITC staff report is non-binding, just fodder for an administrative law judge, which is still a preliminary for a commission finding. The administrative law judge's hearing in the case is expected to end by July 15, 2008, with the judge's determination no later than November 25, 2008. The target date for the Commission to render its verdict is March 25, 2009.

Full post as published by The Patent Prospector on July 08, 2008 (boomark / email).