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. [...] ___________________________________________________________ Tegatai Managed Colocation: Four Provider Blended Tier-1 Bandwidth, Fortinet Universal Threat Management, Natural Disaster Avoidance, Always-On Power Delivery Network, Cisco Switches, SAS 70 Type II Datacenter. Find peace of mind, Defend your Critical Infrastructure. http://www.tegataiphoenix.com/Received on Fri Feb 04 2011 - 03:28:59 PST
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