SAP Seeks To Slash $1.3B Oracle IP Verdict

Law360, New York (February 24, 2011, 6:11 PM EST) -- European software company SAP AG on Wednesday sought to cut a $1.3 billion California jury verdict against it to no more than $408.7 million in a suit over its purchase of a company that allegedly infringed Oracle Corp.'s intellectual property.

The judge should remit the verdict to $28 million, or no more than $408.7 million, or order a new trial to determine damages based on lost profits and infringer’s profits, SAP said in its motions for judgment as a matter of law and for a new...
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