Spansion, Tessera Reach $130M Patent Claim Estimate

Law360, New York (May 27, 2010, 3:20 PM EDT) -- Newly solvent flash memory manufacturer Spansion Inc. has taken a step forward in its spat with rival Tessera Inc. over the amount of prepetition claims it owes for alleged infringement of Tessera memory patents, agreeing to estimate the amount of the claims at $130 million.

Judge Kevin J. Carey of the U.S. Bankruptcy Court for the District of Delaware signed off Wednesday on the parties' stipulation, which relates to three proofs of claim in connection with Tessera's two patent infringement complaints pending against Spansion and others,...
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