Courts scale back ruling against RIM
Research In Motion
caught a break today when a U.S. appeals court scaled back a
December ruling that was mostly in favor of its suitor NTP. Investors have pushed shares of RIM up [
RIMM] because today's news reduces the chances of a court injunction banning the sale of BlackBerry's.
RIM is being sued by patent holding firm NTP for patent infringement. While the case originally tipped in the favor of NTP, causing a
$450 million settlement agreement, the tides have
recently swung in RIM's favor.
bq. In the latest decision, the court reversed some additional infringement findings made by a lower court against RIM and again sent it back to a lower court for further review.
The appeals court overturned the lower court's finding that RIM had infringed NTP Inc.'s "method" patents, but reaffirmed the infringement of patents of the e-mail "system."
