ILDF manage to stave off Meta patent judgement
Where this leaves Intel, we dunno
Posted in Business, 9th June 1999 10:03 GMT
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A group of shareholders and creditors have managed to postpone an attempt by Randolph Osherow to obtain the patents for the Meta 3240. This is the case where it emerged that Intel had created a Cayman Island shell company called Maelen in a bid to grab the patents for itself. (Intel, TechSearch, IMS case takes further twist) Now, the judge looking after the case will hear an objection to Osherow's proposed settlement. According to Val Scott, one of the directors of ILDF, any agreement will not be approved until the hearing date, on the 6th of July next. If the group's attempt to have the settlement overturned fails, ILDF will file a motion for reconsideration and if that does not succeed, will appeal to the fifth district court. ILDF will find itself facing Osherow's IPIQ, TechSearch and Austek. ®

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