The parties proceeded to mediation September 25-26, 2007. During the mediation TPL did not reach an agreement with any of the three sets of defendants with respect to the issues of the lawsuit, or with respect to potential licensing agreements broader in scope than the claims of the litigation. Jury selection is scheduled to begin January 7, 2008.

 

I believe this is simply a reference to the MMP Portfolio rather than just the 2 patents in litigation.

What is to prevent PTSC completing a small acquisition now, using current resources(the lose situation)and subsequently seeking much larger acquistions later(the win situation)? $20million isn't going to make much difference in a win situation and it gives a few months for integration/development. Should there have to be appeals to the Appeals Court and/or Supreme Court, do they sill do nothing until the matter is resolved?

 

 

 

Be well