Saturday, October 8, 2011
Damages: $1 Billion Dollars Off
In a follow up to the damages awarded in Oracle v. SAP, the court has determined that the $1.3 billion (yes, with a B), awarded by the jury was excessive and contrary to the evidence. The judge presiding over the case believes that $272 million was the amount proved.
The judge has indicated that there may be a new trial if Oracle does not accept the lower award. Early indications were that Oracle may consider challenging the ruling. It is extremely rare that copyright damages amount to $272 million dollars but I guess when you consider that the judge is offering $1 billion dollars less, $272 million does not seem as much.
What will Oracle decide? Will it be worth the effort to go after a billion?
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