BETHESDA, MD / ACCESSWIRE / September 4, 2015 / Spherix Incorporated (SPEX) an intellectual property development company committed to the fostering and monetization of intellectual property, today announced that a settlement agreement between Spherix and Verizon was entered into as of August 31, 2015, resolving all outstanding litigation between the two companies. Per the agreement reached by the parties, no commercial terms are disclosed.
Anthony Hayes, Chief Executive Officer of Spherix, stated, "With the Verizon matter behind us, we continue to actively pursue claims in six active lawsuits across multiple jurisdictions. This update is part of our ongoing effort to keep shareholders informed about the status of our pending litigation as we move toward unlocking the value of our formidable portfolio of patents."
"zwischen den parteien wurden keine kommerziellen vereinbarungen getroffen"??? hierzulande werden im einem vergleichsverfahren auch vorab die bedingungen ausgehandelt. wie soll das gehen? der beklagte hat keine klägerseitigen bedingungen zu erfüllen und trotzdem stimmt der kläger einem vergleich zu. kann das jemand aufklären ?
Hier sind untere anderem alle laufenden Verfahren und Entscheidungen aufgeliset die bis ins Jahr 2018 reichen. Nächste wäre jetzt am 16.10.15 gegen Huawei, letzte Chance für Huawei da der Anwalt bei der letzten Anhörung am 2.10. nicht erschienen ist.
BETHESDA, MD / ACCESSWIRE / October 19, 2015 / Spherix Incorporated (SPEX) an intellectual property development company committed to the fostering and monetization of intellectual property, today provided an update on the Company's case involving the company's wholly owned subsidiary, NNPT, LLC ("NNPT"), against Huawei.
Spherix announced that Huawei and the Company have settled the litigation, and Huawei has taken a license. As of October 13, 2015, all documents necessary to resolve this matter have been executed. As part of the settlement, at the joint request of the parties, the Patent Trial and Appeals Board ("PTAB") terminated Huawei's two Inter Partes Re-examination ("IPR") petitions in IPR case no. IPR2015-01382 involving U.S. Patent No. 6,578,086 and IPR2015-01390 involving U.S. Patent No. 7,664,123. Dismissal papers requesting dismissal of the litigation will be filed in Court in due course. On October 16, 2015, the Eastern District of Texas, which presides over the case, held a status hearing at which the parties reported the execution of the settlement.
Anthony Hayes, Chief Executive Officer of Spherix, stated, "We are pleased to have settled the matter with Huawei. We continue to seek long-term, mutually beneficial license agreements which represent a positive outcome for our shareholders. Our team remains committed to diligently working each of the cases in our patent monetization program and keeping shareholders informed of our progress."