Stay Of Samsung, Spansion Patent Spat Approved

Law360, New York (January 28, 2010, 6:37 PM EST) -- A bankruptcy judge on Thursday signed off on a deal between bankrupt chip maker Spansion Inc. and Samsung Electronics Co. Ltd. to stay multimillion-dollar flash memory patent litigation before the U.S. International Trade Commission and elsewhere until the debtor can complete its reorganization.

Judge Kevin J. Carey of the U.S. Bankruptcy Court for the District of Delaware greenlighted an agreement between the rivals that is designed to facilitate the reorganization while preserving Samsung’s right to proceed.

The agreement will remove a "significant obstacle" to plan confirmation,...
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