June 18, 2020
HP Inc. told a Texas federal court on Thursday it has reached a confidential settlement with Quanta Storage over a $438 million judgment issued against the Taiwanese manufacturer for fixing optical disk drive prices, and it asked the court to cancel a contempt hearing scheduled for Friday.
June 08, 2020
Quanta Storage bet the house and lost when it opted to go to trial over claims it was part of an international scheme to fix the price of CD drives and is now stuck with the $438 million verdict against it, the Fifth Circuit said.
May 08, 2020
Quanta Storage Inc. cited conflicts with Taiwanese law and COVID-19 as reasons a Texas federal court should not sanction the company for its failure to turn over all its assets after HP won a $438.7 million judgment against the manufacturer in a price-fixing case.
May 07, 2020
A Fifth Circuit battle over HP's $438.7 million price-fixing judgment against a Quanta Computer subsidiary was put on the fast-track Thursday, a day after the panel refused to put the award on ice while the appeal played out.
May 01, 2020
The Fifth Circuit has temporarily paused HP's bid to collect a $438 million price-fixing judgment from Quanta Storage to consider the company's argument that handing over assets now would cause it to violate Taiwanese law, including emergency coronavirus orders.
April 23, 2020
Quanta Storage Inc. was ordered to turn over by May 1 property to satisfy HP's $438 million victory in an antitrust suit over optical disk drives, as a Texas federal judge said Quanta was skating close to contempt by failing to pony up.
April 02, 2020
A Texas federal court is allowing HP to enforce a $438.7 million judgment against Quanta Storage in an optical disk drive price-fixing case, despite a pending appeal and contentions from Quanta that it's been unable to post bond partly due to complications from the COVID-19 pandemic.
March 24, 2020
Hewlett-Packard shouldn't get an extra month to work on arguments to uphold its $438.7 million win in a price-fixing case because it's still trying to enforce the award in district court while the verdict is being appealed in the Fifth Circuit, the losing side told the appellate court.
March 03, 2020
Optical disk drive manufacturer Quanta Storage Inc. has asked the Fifth Circuit to toss HP Inc.'s $438.7 million win in a price-fixing case, arguing that the electronics giant didn't show how many drives it purchased itself rather than through foreign subsidiaries.