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InterDigital Insurer Wins Interest On $20M Award

Law360 (April 21, 2009, 12:00 AM EDT) -- Tacking $1 million in interest onto a previous arbitration award, a federal judge has ordered InterDigital Communications Corp. to reimburse Federal Insurance Co. roughly $21 million for legal fees in a 10-year patent dispute.

On Monday, Judge Eduardo C. Robreno of the U.S. District Court for the Eastern District of Pennsylvania amended a judgment handed down last year, ruling that Federal is entitled to interest accrued in the 10 months between the issuance of the $19.8 million arbitration award and its confirmation by the court in...
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