Silicon Graphics, Samsung Settle Bankruptcy Appeal

Law360, New York (August 27, 2008, 12:00 AM EDT) -- Samsung Electronics Co. Ltd. has agreed to dismiss its appeal of the amended settlement in the Silicon Graphics Inc. bankruptcy. The appeal concerned claims in dynamic random access memory litigation in California.

The stipulation, approved Tuesday by the U.S. District Court of the Southern District of New York, provides for the appeal to be dropped with prejudice. Both parties have agreed to pay their own costs.

Samsung's appeal, filed in January, centered around the approval of the settlement with the DRAM Claims Liquidation Trust in November...
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