01-23-2006, 11:15 AM
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Too lazy to set a custom title
Industry Role:
Join Date: Oct 2002
Location: Montreal, Quebec
Posts: 29,640
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High court rejects Research in Motion petition to consider ruling that could shut e-m
Shit... All I need now. i rely on that a lot
Quote:
NEW YORK (CNNMoney.com) - The Supreme Court on Monday turned down a request to review a major patent infringement ruling against the maker of the BlackBerry e-mail device.
The move takes away yet another barrier between BlackBerry users and service interruptions. There are more than 4 million BlackBerry users.
Research In Motion (RIM) had petitioned the Supreme Court to review a federal appeals court ruling that could lead to a shutdown of most U.S. BlackBerry sales and service.
The legal issue confronting RIM goes back five years.
In 2001, NTP, a patent holding company, filed a suit against RIM claiming that the BlackBerry infringed on its patents.
In 2002, a jury found in favor of NTP and awarded the company $23.1 million in damages.
In 2003, a district judge increased the damages to $210 million and issued an injunction against RIM. That injunction was stayed, however, pending appeal and an appeals court sided with the district court.
In 2005, RIM and NTP reached a tentative $450 million settlement, but the deal fell apart. RIM wants the lower court to enforce the agreement.
The Supreme Court's decision to not review the case doesn't bode well for RIM, according to Ken Weitzman, a partner at legal firm Chadbourne and Parke in New York. If the Supreme Court had heard the case and decided there was a legal basis for overturning the appeals court's judgement, it could have prevented a possible injunction.
NTP is scheduled to file a request for an injunction with the U.S. District Court for the Eastern District of Virginia on Feb. 1, although the District Court judge who will rule on that request has not set a timetable on when to expect that decision.
"There will likely be an injunction. The question is what is the scope of the injunction," Weitzman said.
An injunction could force RIM to shut down the BlackBerry system, potentially affecting most of RIM's approximately 4.3 milliion subscriber account base. NTP has said an injunction would not affect BlackBerry products used by U.S. federal, state, or local governments.
RIM (down $1.37 to $65.25, Research) shares were down nearly 3 percent in midday trading on the Nasdaq after having fallen by as much as 5 percent immediately after the ruling.
http://money.cnn.com/2006/01/23/tech...cnn_topstories
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Wonder then if I could use webmail thru the browser ????
__________________
I know that Asspimple is stoopid ... As he says, it is a FACT !
But I can't figure out how he can breathe or type , at the same time ....
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