Re: HTC Appeal Pacer: settlement...? Settlement!

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gcduck

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Re: HTC Appeal Pacer: settlement...? Settlement!

in response to

HTC Appeal Pacer: MOTION TO VOLUNTARILY DISMISS APPEALS

BaNosser

posted on Jan 07, 2015 04:55AM

I agree with most here who wished for a final ruling hence I see this settlement with mixed feelings.

Anyway, one thing is safe to say:
Both parties have come to the conclusion a settlement is in their best interests and they wanted it defitinely before the ruling - hence the question for us as PTSC shareholders is:

Are these interests our interests, too?

Provided the settlement conditions remain secret we only will know by the numbers in one of the next 10Qs by PTSC - as always we can only speculate (of course there would be one case we'd know the settlement was positive for us, this being the declaration of a dividend BECAUSE OF the settlement revenue ...:-))

One thing to remember from the PDS/Alliacense agreement in July/14:

„Alliacense has attempted to negotiate an MMP license with HTC without success. It provided litigation support in connection with the HTC trial in Fall 2013. The parties are presently in a negotiation to settle the HTC lawsuit and potentially issue an MMP license, or license with respect to some MMP patents, to HTC. Based on this, [*] The parties do not contemplate any significant future litigation support from Alliacense as to HTC; if needed, Alliacense will be paid at the hourly rates discussed in paragraph 3(b)(i) below."

...

As I understand it it's NOT Alliacense which led the negotiations with HTC, therefore I hope this settlement gives our side the leverage to re-install the MMP licensing business without the threat of another painful litigation with another powerful infringer.

In a nutshell:
Though the "official power" of a ruling would have been great I hope our side got what they wanted WITHOUT the risk of a negative appeal, so in the end I bank on Otteson and his ambition to present himself as a successful lawyer.