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RIM has some good news for once, court overturns $147.2 million award against the company

Court overturns $147.2 million award against RIM, something finally goes right for the company

| Business, Financial & Legal News | Posted: Aug 10, 2012 9:31 am

After having a truly hard time with multiple issues, it seems that RIM have finally found some good luck. A US District Court judge has overturned a $147.2 million jury award and finding that the company infringed on a patent from New Jersey-based Mformation Technologies. Judge James Ware didn't stop there (I'm a lyrical genius), he also granted RIM's motion, which grants a new trial if his ruling is overturned, which means the jury award is permanently gone even if Mformation is able to appeal the new ruling.

 

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The patent which was argued over covers remote management for wireless devices. The judge involved in the appeal accepted RIM's argument that the jury in the original trial didn't have sufficient evidence to reach the verdict against RIM. Judge Ware wrote:

 

The court finds that there was no 'legally sufficient evidentiary basis' on which a reasonable jury could have found for Mformation on the issue of the infringement".

NEWS SOURCES:Electronista.com

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