Summit 6 Wants $2M More After $15M Samsung Patent Verdict

Law360, New York (May 17, 2013, 6:03 PM EDT) -- A technology licensing company that won a $15 million patent infringement verdict last month against Samsung Electronics Co. Ltd. asked a Texas federal judge on Friday to award it $2 million more in prejudgment interest.

Summit 6 LLC asked the court for 5 percent interest on the $15 million verdict, compounded annually, from the July 27, 2010 — the date its mobile photo uploading patent was issued and thus the date it says Samsung's cellphones first infringed the design.

"The award of prejudgment interest properly compensates...
To view the full article, register now.
Law360 Pro Say Podcast
Check out Law360's new podcast, Pro Say, which offers a weekly recap of both the biggest stories and hidden gems from the world of law.