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Message: Re: Avid Technology settles!
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Feb 06, 2009 07:35AM
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Feb 06, 2009 07:36AM
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e.DIGITAL CORPORATION’S AND AVID TECHNOLOGY, INC.’S

JOINT MOTION FOR PARTIAL STAY

Plaintiff e.Digital Corporation (“e.Digital”) and Defendant Avid Technology, Inc.

(“Avid”) hereby move for a partial stay, through March 16, 2009, of this action as it relates to the

claims and counter-claims that e.Digital and Avid have asserted against each other. In support of

this Joint Motion, e.Digital and Avid state as follows:

1. e.Digital and Avid have reached a settlement in principal of their dispute and they

are negotiating the final terms of a settlement agreement. e.Digital and Avid expect to finalize

the settlement agreement and file a joint dismissal of their claims and counter-claims against

each other by March 16, 2009.

2. In light of the impending dismissal of e.Digital’s and Avid’s claims and counterclaims

against each other, a stay is necessary to avoid the parties expending unnecessary costs

and resources.

3. The granting of this Motion will not prejudice any party and is being sought in

good faith and not for the purpose of delay or any other improper purpose.

WHEREFORE, Plaintiff e.Digital Corporation and Defendant Avid Technology, Inc.

respectfully request that the Court grant their Joint Motion for Partial Stay and enter the

proposed order attached hereto.

Respectfully and jointly submitted this 6th day of February, 2009,

/s/ Matthew S. Yungwirth

L. Norwood Jameson

Matthew S. Yungwirth

Duane Morris LLP

1180 West Peachtree St., # 700

Atlanta GA 30309-3448

Tel: 404.253.6900

Fax: 404.253.6901

wjameson@duanemorris.com

msyungwirth@duanemorris.com

Gary R. Maze

Wesley W. Yuan

Duane Morris LLP

3200 Southwest Freeway

Ste 3150

Houston, TX 77027-7534

Tel.: 713.402.3900

Fax: 713.402.3901

grmaze@duanemorris.com

wwyuan@duanemorris.com

Michael C. Smith

Siebman, Reynolds, Burg, Phillips & Smith,

LLP – Marshall

713 South Washington Avenue

Marshall, Texas 75670

Tel.: 903.938.8900

Fax: 972.767.4620

michaelsmith@siebman.com

Attorneys for Plaintiff

e.Digital Corporation

/s/ Decker A. Cammack

Michael Brett Johnson

Thomas Howard Reger II

Decker A. Cammack

Fish & Richardson

1717 Main St.

Suite 5000

Dallas, TX 75201

Tel: 214-747-5070

Fax: 214-747-2091

mbjohnson@fr.com

reger@fr.com

cammack@fr.com

Attorneys for Defendant

Avid Technology Inc.

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