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Chris Grunewald  

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  • Vringo: Don't Count Your Chickens [View article]
    Thanks for the comment Alan.

    It is certainly possible that Vringo gets higher than a 3.5% royalty rate percentage on future royalties (multiple precedents of this). But I doubt that they will get higher overall. They proffered evidence supporting a 3.5% royalty rate and asked the Court for it; they can't just throw out arbitrary numbers (e.g., 7%) because they feel like it.

    The 15.6 million versus 156 million is an egregious error. Refer to my last article (linked within this one) on why I think this has a chance of getting reversed. Jackson didn't use his jurisdiction to use 60(a) on it; but with the Appeals Court looking at it, maybe it will be different this time around. This is a federal ban on Additur (trial judge adding $$ to juror damages amt's), so that very well could be a reason why the trial judge (Jackson) didn't do it in this case.

    CG
    Apr 11, 2013. 07:42 PM | Likes Like |Link to Comment
  • Vringo: How Much Is A Settlement With Microsoft? [View article]
    More than I would say, but your reasoning makes a lot of sense. it would help if we knew that V was going for (royalty base/rate). Great synopsis.
    Apr 1, 2013. 05:39 PM | Likes Like |Link to Comment
  • Vringo: What You Really Need To Pay Attention To [View article]
    the remedy due to VRNG (in this case, a royalty) would go into an escrow account while the appeals process is going on. Which would make it untouchable until appeals process is over with.
    Mar 16, 2013. 04:32 PM | 1 Like Like |Link to Comment
  • Vringo: What You Really Need To Pay Attention To [View article]
    Sounds like someone got played..
    Mar 13, 2013. 02:58 PM | 1 Like Like |Link to Comment
  • March Madness Trading Challenge [View instapost]
    oh jeez. I'll change to long WPRT, if possible.
    Mar 8, 2013. 11:15 AM | Likes Like |Link to Comment
  • Vringo: What You Really Need To Pay Attention To [View article]
    The deadline was moved back until more relevant information arises, like I posted above. But as a general rule of thumb, there aren't any punitive consequences for a judge breaking a "deadline" to give a final ruling. He can rule whenever he wants on whatever he wants, as there isn't a deadline penalty pursuant to FRCP.

    And from what I remember, VRNG showed the revenue SmartADS (Smar"ASS") increase in a number of their charts. I know I've seen it before, and I believe it was shown to the jury. They thought, from a past damages perspective, $15.8 million was enough to compensate. Remember, past damages has already been decided, waiting on Jackson to determine a future royalty v lump sum, and the subsequent amount granted.
    Mar 8, 2013. 09:17 AM | Likes Like |Link to Comment
  • Vringo: What You Really Need To Pay Attention To [View article]
    Better to take the time to provide an accurate and sound ruling than waste even more resources for the higher-ups at the USCoA (US Court of Appeals). That would subsequently carry a lot more time/resources than the current predicament.


    Just trying to be the Devil's Advocate. I partially agree that this is dragging on too long. But I'm a fan of quality over quantity. Rather have it done right than rushed&hassled.
    Mar 8, 2013. 12:10 AM | Likes Like |Link to Comment
  • Vringo: What You Really Need To Pay Attention To [View article]
    evidence may be in, but a sophisticated legal opinion based on that evidence and what has transpired is a different story
    Mar 7, 2013. 09:35 PM | Likes Like |Link to Comment
  • Vringo: What You Really Need To Pay Attention To [View article]
    Yeah, it definitely is frustrating. I see a lot of people blaming Judge Jackson's hesitancy/inadequacy to rule. But I challenge them: is it really his hesitancy, or is it the complexity of the subject matter? Juror confusion and an enormously high dollar amount at stake makes his decisions very important, difficult, and time-consuming. Combine that with an extremely busy (and about to retire) USDC judge, and you have a long wait.

    And of course the companies aren't talking of a settlement at the moment. GOOG said it themselves...
    "Plaintiff's criticism that Defendants do not intend to negotiate regarding post-judgment damages because they have not yet contacted Plaintiff overlooks the fact that negotiations are most effective when the parties are aware of relevant facts."

    This is because there are outstanding issues that need to be addressed (specifically Rule 50(b)). When this is done, there is a high probability that serious settlement discussions will commence. See below:
    "... allow the parties time to negotiate any potential royalty, with the commonsense understanding that an agreement is more likely when the parties have the relevant evidence at their disposal."
    Mar 7, 2013. 08:15 PM | Likes Like |Link to Comment
  • Vringo: What You Really Need To Pay Attention To [View article]
    Hi John,

    Motion [860] ( found here http://bit.ly/Wxq0Ei ), established a new [822] briefing schedule to be determined once "relevant post-trial motions" are opined on by Jackson.
    Mar 7, 2013. 06:42 PM | Likes Like |Link to Comment
  • March Madness Trading Challenge [View instapost]
    hopefully it's not too late to enter in. I'll go Long SKUL
    Mar 6, 2013. 12:46 PM | Likes Like |Link to Comment
  • Vringo: What You Really Need To Pay Attention To [View article]
    It sounds like you're trying to pick a fight. I don't have a position because there are better opportunities in my opinion and for the reasons outlined above. I'll leave it at that.
    Mar 5, 2013. 11:56 PM | 2 Likes Like |Link to Comment
  • Vringo: What You Really Need To Pay Attention To [View article]
    Pay close attention to my words. I said GOOG share price has nothing to do with Vringo.

    From a future royalties perspective, as of now, no, GOOG ads don't affect VRNG price per share. Remember future royalties haven't been granted yet.
    Mar 5, 2013. 03:19 PM | 3 Likes Like |Link to Comment
  • Vringo: What You Really Need To Pay Attention To [View article]
    GOOG's pps has nothing to do with Vringo. Acc'd to their 1/29 report, they have over $14.7B in cash & equivalents. Vringo is, and always was, a drop in the bucket for Google.

    If future royalties do come into play in the future, you'll be correct. Google doing well subsequently means Vringo is doing well.
    Mar 5, 2013. 11:52 AM | 3 Likes Like |Link to Comment
  • Vringo: What You Really Need To Pay Attention To [View article]
    Good question. I don't necessarily think there's a concrete answer for that other than the obvious uncertainty and unmet expectations.

    Timing is also a factor. Judge Jackson, presumably, has to:
    a.) Rule on FRCP50(b)
    b.) Establish a timeline for [822]
    c.) [822] Response briefs have to be filed by both parties (approximately 2 weeks)
    d.) Subsequent [822] Reply briefs have to be filed by both parties (approximately 1 week)
    e.) Give Final Ruling

    So if he rules in sequence (in sequence is key terminology), looking like early-mid April at the earliest for a final ruling, sans settlement
    Mar 4, 2013. 10:51 PM | Likes Like |Link to Comment
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