Judge Won't Stay $7M VCR Patent Ruling V. Daewoo

Law360, New York (April 2, 2009, 12:00 AM EDT) -- Ruling that the judgment is final, a judge has shot down a motion by Daewoo Electronics Corp. to stay the execution of a $7.2 million judgment against it for allegedly infringing VCR technology patents held by Funai Electric Co. Ltd.

The argument in Daewoo's emergency motion, which claimed that the judgment was not final and Funai had used it to institute "sham" garnishment proceedings against Daewoo, was based on an incorrect reading of an appeals court ruling, Judge Joseph Spero of the U.S. District Court for...
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