Oracle Gets $28M Interest After $50M Rimini IP Trial Win
Law360, Los Angeles (October 12, 2016, 10:49 PM EDT) -- Oracle Corp. on Tuesday was awarded $27.7 million in prejudgment interest to be tacked on to a $50 million jury award and $46 million in fees in connection with the business software giant’s successful copyright infringement suit against software support firm Rimini Street Inc.
In an order issued Tuesday, U.S. District Judge Larry R. Hicks ordered Rimini Street and its CEO Seth Ravin to pay various Oracle entities $27.7 million in prejudgment interest following a Nevada federal jury’s finding last year that Rimini Street infringed Oracle’s copyrighted PeopleSoft documentation and Siebel and J.D. Edwards software and documentation. The judge also awarded...
Stay ahead of the curve
In the legal profession, information is the key to success. You have to know what’s happening with clients, competitors, practice areas, and industries. Law360 provides the intelligence you need to remain an expert and beat the competition.
Access to case data within articles (numbers, filings, courts, nature of suit, and more.)
Access to attached documents such as briefs, petitions, complaints, decisions, motions, etc.
Create custom alerts for specific article and case topics and so much more!