Rambus' Royalties From Hynix Reduced Over Destroyed Docs

Law360, New York (September 24, 2012, 2:31 PM EDT) -- Rambus Inc.'s destruction of documents related to memory chip patents it planned to assert against Hynix Semiconductor Inc. merits a downgrade in a $400 million penalty assessed against Hynix, but neither dismissal nor a new trial is warranted, a California federal judge ruled Friday.

U.S. District Judge Ronald Whyte said he would merely impose a “reasonable, nondiscriminatory royalty” against Rambus for its alleged malfeasance, saying anything more punitive was not necessary.

“Hynix argues that dismissal is the only appropriate alternative remedy,” Judge Whyte said. “However, the...
To view the full article, register now.

UK Financial Services

UK Financial Services

Read Our Latest UK Financial Services Coverage

Financial Services Law360 UK provides breaking news and analysis on the financial sector. Coverage includes UK and European Union policy, enforcement, and litigation involving banks, asset management firms, and other financial services organizations.