[ISN] SAP to fight Oracle's $1.3 billion jury award

From: InfoSec News <alerts_at_private>
Date: Fri, 4 Feb 2011 05:28:59 -0600 (CST)
http://www.computerworld.com/s/article/9208078/SAP_to_fight_Oracle_s_1.3_billion_jury_award

By James Niccolai
IDG News Service
February 3, 2011 

SAP will ask a California court to reduce the US$1.3 billion jury award 
it was hit with last November in Oracle's TomorrowNow lawsuit against 
the company, SAP said Thursday.

Earlier in the day the court entered its final judgment against SAP, 
basically confirming the jury's award. SAP has already paid Oracle $120 
million in legal fees and must pay a further $14.7 million in 
"prejudgment interest."

SAP said it will file "post-trial motions" with the court to try to get 
the award reduced, and possibly also an appeal. An SAP spokesman 
declined to say what the motions would argue, but they are likely to 
assert that the award is disproportionate to the offense. SAP had argued 
at trial that it should have to pay Oracle about $40 million.

"SAP will file these motions in the coming weeks asking the Court to 
reduce the amount of damages awarded or to order a new trial," SAP said 
in a statement.

[...]


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Received on Fri Feb 04 2011 - 03:28:59 PST

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