• Twitter Updates

    • Categories

    • Seeking Alpha Certified
    • « Nortel Loses Lawsuit | Main | Nortel Going Green »

      Nortel to Fight Court Decision

      By Mark Evans | April 23, 2007

      After losing a $28.1-million lawsuit ruling for patent infringement to Australia-based Ipernica Ltd., Nortel said it will fight the decision, according to LocalTechWire.com. “We strongly disagree that their verdict is supported by the facts or the law,” Jay Barta, a Nortel spokesperson, said in an e-mailed statement to Bloomberg. “Accordingly, we will be filing post-trial motions with the court and we will continue to vigorously defend this action”. Cisco, Alcatel-Lucent and Juniper Networks have already reached out-of-court settlements with Ipernica

      [Slashdot] [Digg] [Reddit] [del.icio.us] [Facebook] [Technorati] [Google]

      Topics: Legal Issues |