Patent litigation: CEOs von Apple and Samsung agree to arbitration2014-03-21 | Comebuy News
The CEOs of Apple and Samsung have agreed to a meeting with a mediator to settle their patent dispute. From the lawyers of both companies submitted written statements stating that representatives of Apple and Samsung have met on Monday, to discuss the conditions for a comparison.
With the settlement, Apple and Samsung meet a requirement of presiding judge Lucy Koh. She had assigned November both parties in the past, to lead even before the start of the negotiation of the second patent infringement lawsuit in the March comparison discussions.
According to the records, the arbitration hearing will take place on 19 February. The mediator is only known that he has "Experience in high-profile disputes". In addition to the two CEOs, three or four house lawyers should each take part in arbitration. External lawyers are, however, not be present.
In November, Apple and Samsung had announced to submit proposals for a comparison to January 8. Koh classified the prospects of success at the time apparently as low. "You must not laugh at me, but even my room laughing at me, when I mention a comparison," she said at the time the lawyers of both parties.
So far all attempts at settlement have failed. Also Apple CEO Tim Cook and Samsung CEO Kwon Oh Hyun was not able, to advance the comparison talks in stalled, which had arranged a court before, in August 2012.
A report times according to Apple and Samsung negotiating Korea since end of December also on a world-wide patent peace. The talks are therefore in the exploratory phase. You try to approximate divergent views to the amount of the royalties. In addition to the Korean antitrust agency, also representatives of Europe and the United States were involved.
[with material by Steven Musil, News.com]
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