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Message: RE: Apple settles with Creative for $100M

RE: Apple settles with Creative for $100M

posted on Aug 24, 2006 06:14AM
``The current legal issue is very expensive and I see no indication that we can recover any of that expense if we win.``

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Perhaps, but I would guess EDIG is looking for the courts to have digecor carry the burden of legal expenses should EDIG prevail. I`m sure LegalEagle could weigh in on this.

As for any legal expenses on the IP efforts, most firms would jump at a chance to get a piece of this action, imo, considering the recent Creative judgement and ptsc success stories.

``Blakeley concluded by providing an update on the company’s efforts to monetize its flash memory-based patent portfolio. “Over the last month, we have had productive IP consultations with several well-respected intellectual property law firms. We believe there is significant interest in prosecuting our patent portfolio on a contingency basis. With the assistance of IP veteran, Pat Nunally, management and outside law firms have been conducting patent due diligence while evaluating the licensing potential to companies in the cell phone, PDA/Pocket PC, portable A/V recorder, digital camera, camcorder, and other portable device industries. Based on results to date, we are encouraged about the prospects of beginning the licensing process to monetize our important patent portfolio this calendar year.”

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