/PRNewswire/ The Dallas-based business litigation and intellectual property law firm Caldwell Cassady & Curry is home to three attorneys who recently were.
Apple seeks to cut VirnetX patent loss that could top US$1B
Laurel Brubaker Calkins and Christopher Yasiejko, Bloomberg News The Apple Inc logo at a store in San Francisco, California, U.S., on Friday, Oct. 23, 2020. The iPhone 12 and iPhone 12 Pro went on sale in stores, but with individual shopping sessions replacing the famous lines and crowds around locations. Photographer: David Paul Morris/Bloomberg , Bloomberg
Apple Inc. said its financial penalty for infringing VirnetX Holdings Corp. patents could swell to more than US$1 billion if a federal judge in Texas grants requests for additional interest and royalty payments on top of what juries in two separate cases have ordered the iPhone maker to pay.
Apple Seeks Relief to Slash the Financial Penalty awarded to VirnetX due to Jurors not being told about 2 Invalidated Patents
It seems like forever and a day that Apple has been battling with VirnetX over patent infringement matters. One of our reports dates back to 2012 titled Apple Loses FaceTime Patent Lawsuit to VirnetX. We covered the battle over the years and reported on this at least three times this year: 01, 02 & 03.
It s being reported today by Bloomberg that Apple has said that its financial penalty for infringing VirnetX Holdings Corp. patents could swell to more than $1 billion if a federal judge in Texas grants requests for additional interest and royalty payments on top of what juries in two separate cases have ordered the iPhone maker to pay.
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app instead?
That could top $1bn. 08:20
Image: David Paul Morris/Bloomberg
Apple said its financial penalty for infringing VirnetX Holdings Corp. patents could swell to more than $1 billion if a federal judge in Texas grants requests for additional interest and royalty payments on top of what juries in two separate cases have ordered the iPhone maker to pay.
VirnetX has asked US District Judge Robert W. Schroeder III on to tack at least $116 million in interest onto the $503 million jurors awarded in October after concluding Apple infringed two patents related to secure communications in several iPhone, iPad and iPod Touch models.
Apple seeks to cut VirnetX patent loss that could top $1 billion
Apple Inc said its financial penalty for infringing VirnetX Holdings Corp patents could swell to more than $1 billion if a federal judge in Texas grants requests for additional interest and royalty payments on top of what juries in two separate cases have ordered the iPhone maker to pay. December 18, 2020 10:58:12 am
Apple disagreed with VirnetX’s damages calculations and said the royalty on future sales should be just 19 cents per unit, if anything at all (image source: Bloomberg)
Apple Inc said its financial penalty for infringing VirnetX Holdings Corp patents could swell to more than $1 billion if a federal judge in Texas grants requests for additional interest and royalty payments on top of what juries in two separate cases have ordered the iPhone maker to pay.