Tuesday, December 15, 2020
Conversant v. Daimler
As I already noted earlier this month, the Oberlandesgericht München (Munich Higher Regional Court) fundamentally disagrees with the Munich I Regional Court's approach to setting the amounts of collateral to be posted in the form of a bond or a security deposit when patent injunctions are enforced while an appeal is pending.
Meanwhile I've obtained a copy of an order by the appeals court in
Conversant v. Daimler, raising the security amount from 5.5 million euros to 146 million euros. That's an increase by more than a factor of 26--and a complete (with respect to this part of the dispute) victory for Daimler at this stage. It also means that Nokia-fed Conversant won't ever enforce a German injunction against Daimler over the patent-in-suit, as the troll probably can't afford this amount anytime soon and the patent is going to expire in about a month's time.