"Judge delays BlackBerry US shutdown"

Feb 25, 2006 146 Replies

d[POSTED TO alt.internet.wireless - REPLY ON USENET PLEASE]

Have you? Seriously? (Other than USA Today?)

RIM Provides Update On NTP Inc. Vs. RIM Litigation

Judgment and Injunction Vacated; Case Remanded To District Court

Waterloo, ON - Research In Motion (RIM) (Nasdaq: RIMM: TSX: RIM) provided an update today following receipt of a ruling this afternoon from the United States Court of Appeals for the Federal Circuit in regard to the NTP Inc. vs. RIM litigation.

In response to RIM?s appeal of a judgment of the U.S. District Court for the Eastern District of Virginia, the United States Court of Appeals for the Federal Circuit ordered the judgment vacated and the case remanded to the District Court for further proceedings. The Court of Appeals also ordered the injunction (previously imposed and stayed by the District Court) vacated.

[MORE]

HINT: Look up the meaning of the legal term "vacated".

It is indeed. RIM has lost, and must either settle with NTP or face the legal consequences.

If RIM had a viable work-around it would have presumably deployed it by now, rather than running up a *lot* more liability (in the hundreds of millions of dollars), which it will still owe NTP even if the work-around is successful.

The only thing RIM can appeal is the correctness of the judgement, and then only on the existing record -- no new evidence can be introduced or considered. Game over.

cnn.com breaking news:

/* A long running dispute that threatened to shut down the BlackBerry wireless e-mail service has been settled.

*/

No other details yet. Yeah,, they;ve done it before, but maybe this time it'll stick.

[POSTED TO alt.internet.wireless - REPLY ON USENET PLEASE]

"BlackBerry maker, NTP ink $612 million settlement"

Research in Motion averts shutdown of wireless e-mail service, announces fourth-quarter warning.

March 3, 2006: 5:48 PM EST

NEW YORK (CNNMoney.com) - BlackBerry maker Research in Motion said Friday it agreed to pay $612.5 million to patent holding company NTP to settle a long-running dispute that had threatened to shut down the popular wireless e-mail service.

Canadian-based Research in Motion (Research) announced the settlement late Friday ahead of a U.S. judge's expected ruling on damages in the case.

Under the settlement, NTP granted RIM the right to keep running its BlackBerry business, the company said in a statement.

The agreement has been finalized and NTP's lawsuit against RIM has been dismissed by a court order, the Canadian company said.

The settlement means no further court proceedings or decisions about damages are necessary, RIM said.

RIM also issued a warning Friday, lowering it's 4th quarter revenue projections.

[SNIP]

Research in Motion averts shutdown of wireless e-mail service, announces fourth-quarter warning.

March 3, 2006: 5:48 PM EST

NEW YORK (CNNMoney.com) - BlackBerry maker Research in Motion said Friday it agreed to pay $612.5 million to patent holding company NTP to settle a long-running dispute that had threatened to shut down the popular wireless e-mail service.

Canadian-based Research in Motion (Research) announced the settlement late Friday ahead of a U.S. judge's expected ruling on damages in the case.

Under the settlement, NTP granted RIM the right to keep running its BlackBerry business, the company said in a statement.

The agreement has been finalized and NTP's lawsuit against RIM has been dismissed by a court order, the Canadian company said.

The settlement means no further court proceedings or decisions about damages are necessary, RIM said.

RIM also issued a warning Friday, lowering it's 4th quarter revenue projections.

[MORE]
[POSTED TO alt.internet.wireless - REPLY ON USENET PLEASE]

Dead wrong again:

"BlackBerry maker, NTP ink $612 million settlement"

Research in Motion averts shutdown of wireless e-mail service, announces fourth-quarter warning.

March 3, 2006: 5:48 PM EST

NEW YORK (CNNMoney.com) - BlackBerry maker Research in Motion said Friday it agreed to pay $612.5 million to patent holding company NTP to settle a long-running dispute that had threatened to shut down the popular wireless e-mail service.

Canadian-based Research in Motion (Research) announced the settlement late Friday ahead of a U.S. judge's expected ruling on damages in the case.

Under the settlement, NTP granted RIM the right to keep running its BlackBerry business, the company said in a statement.

The agreement has been finalized and NTP's lawsuit against RIM has been dismissed by a court order, the Canadian company said.

The settlement means no further court proceedings or decisions about damages are necessary, RIM said.

RIM also issued a warning Friday, lowering it's 4th quarter revenue projections.

[MORE]

Wow, a lot more than I expected, but no royalties, which was the biggest demand of RIM.

"The settlement is on the low end of expectations, Thompson said, especially since RIM will not have to pay any future royalties."

[POSTED TO alt.internet.wireless - REPLY ON USENET PLEASE]

Translation: You were dead wrong.

Wrong again. The settlement is simply fully paid up royalties.

But not your expectations. And the key word there is "future" -- read more carefully and/or take the time to learn about royalties.

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