regarding the NOK bond for those that forgot:
- On July 14, 2011, the District Court finds that InterDigital established damages in excess of $500,000 and therefore is entitled to recover the full amount of the $500,000 preliminary injunction bond, and requires Nokia to direct its surety promptly to make payment to InterDigital
o Nokia appeals
o InterDigital moves in the District Court for an order requiring Nokia’s surety (Hartford) on the preliminary injunction bond to pay
o Both Nokia and Hartford oppose this motion and Nokia asks for an order staying enforcement of the District Court's order until Nokia’s appeal has been decided by the Second Circuit
o InterDigital opposes Nokia’s cross-motion
· On December 22, 2011, the District Court grants InterDigital’s motion to enforce liability against Nokia’s surety, and denies Nokia’s cross-motion
· On December 30, 2011, Nokia files with the Second Circuit a "motion to confirm automatic stay or, in the alternative, to stay payment of bond pending appeal," in which Nokia seeks to stay payment on its preliminary injunction bond pending appeal
· On January 9, 2012, InterDigital filed its opposition with the Second Circuit, and on January 17, 2012, Nokia filed its reply
Also,
we are still in arb with tech solutions.
no arb currently with any party in the ITC
they are well aware of 11 Eastern time everyday
they are well aware of WB's comments at the end of the SA and know that the street is currently in "show me" mode
can't comment on apple contract when i asked if they are licensed for LTE
nothing really surprising from the conversation and i just vented just a little bit... she (Linda)was very nice and responsive.
they prob look at the stock price as much as we do and well aware of street perception.
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