Apple was too slow so can’t recoup any of the $454 million it paid VirnetX in a legal battle — Apple World Today
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If you snooze you lose: a Texas federal judge says Apple unreasonably delayed its request to recoup some of the US$454 million it paid VirnetX for infringing patents that have since been invalidated so won’t get any moolah back, reports Law360 (a subscription is required to read the entire article).
The judge said that Apple waited too long to file a “strikingly” similar motion. He also didn’t buy the tech giant’s argument that it wanted to give the Supreme Court time to make a decision.
In March, Apple paid VirnetX $454 million in a legal brouhaha. This is all part of a legal battle that’s been raging for years. In January 2014, VirnetX, considered by many (including me) to be a “patent troll,” filed a motion with the U.S. District Court for the Eastern District of Texas seeking to supplement its infringement contentions against Apple, the defendant in a patent infringement lawsuit. The tech giant is accused of violating four patents.
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