Superior Court Finalizes $465M Victory For Lexar

Law360, New York (October 17, 2005, 12:00 AM EDT) -- Despite a last-ditch effort by Toshiba, the Superior Court for the State of California has finalized a decision awarding Lexar $465 million in the much-watched case between the two electronics companies.

Toshiba had filed an emergency motion asking a court of appeals to review the case and to delay judgment. The court denied Toshiba’s motion and upheld the $465 million in damages awarded to Lexar by a jury last year.

Since the decision is now final, California law requires that interest accrue on the amount of...
To view the full article, register now.

Law360 UK

UK Financial Services

Read Our Latest UK Legal News & Analysis

Financial Services Law360 UK and Insurance Law360 UK provide breaking news and in-depth analysis on U.K. and European Union regulation, enforcement, legislation, and litigation involving banks, investment firms, insurers, and more.