Re: Pacer-New filing settlement?
in response to
by
posted on
Feb 05, 2009 10:47AM
#5....thanks
At a glance
SUIT 2 filed: 03-04-08
1) LG ELECTRONICS USA-- DONE (doc92 10/14/08{7 months}) PR9/25,10Q, FlashR
2) CASIO AMERICA--2/3 DONE (doc104 11/21/08{8 months}).. PR12/2 foreign and domestic patents including FlashR, 10Q soon,
3) NIKON-- 2/3? DONE (doc118 12/17/08 {9 months})...PR1/8??(no name mention) FlashR, 10Q soon,
4) OLYMPUS AMERICA--1/3 DONE (doc 127 2/3/09 {10 months})...PR/10Q soon,
5) SANYO NORTH AMERICA--1/3 DONE (doc 128 2/5/09 {10 months})...PR/10Q soon,
6) AVID ELECTRONICS-pending
7) SAMSUNG ELECTRONICS AMERICA-pending
SUIT 1 filed: 09-07-2007
8) VIVITAR-pending...waiting on decision to consolidate to Suit 2
In the Nikon et al case, the Markman Hearing is scheduled for Feb 2010.
In the Vivitar case, it's scheduled for May 2010.
Other business:
Suit filed: 05-04-06
DigEcor waiting on motion hearing Jan20th 09....now waiting on results
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IFE.....??
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Guesstimate Results
"Patent license costs of revenues include contingency legal and other direct costs associated with patent licensing."
Edig preliminary up front cost 250,000 ? prorate for each settlement 250,000/4 = 62,500
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1) LG...Income tax expense of $264,000 consists of foreign taxes payable on patent license revenue.
40/60 split after.... legal expenses 10%(160,000)?
1,600,000 - (Tax)264,000 = 1,336,000 - (legal)160,000 = 1,176,000... Edig 705,600 / DM 470,400
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doni