Msg. 45007 of 48237 (This msg. is a reply to
45006 by
bim24)
Jump:
Bim,
If I read that correctly that is the hearing date? Seems strange bc we have been deferring the revenue for almost 2 years. I am hoping that is when the arbitration decision is released bc if that is when the hearing is based on the NOK and SAM arbitrations it was at least 6 months after the hearing I think till they found out. I'm hoping thats not the case.
Our wholly owned subsidiaries InterDigital Communications LLC and InterDigital Technology Corporation are engaged in an arbitration relating to a contractual dispute concerning the scope of royalty obligations and the scope of the licenses granted under one of our technology solutions agreements. The arbitration hearing is currently scheduled for late June 2012. As of March 31, 2012, we have deferred related revenue of $33.1 million pending the resolution of this arbitration and recorded such amount within long term deferred revenue since the timing of the final outcome is not known.
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