ICC, September 2017, Nokia v. LG Electronics

According to a press release from Nokia, an ICC arbitral tribunal has issued an award in arbitration proceeding between Nokia and LG. LG previously took a royalty-bearing smartphone patent license from Nokia. The companies decided to bring the issue of payment obligations before the arbitral tribunal. The content of the award is confidential but Nokia will disclose its patent licensing income in its quarterly reports.

2018-01-14T18:46:43+00:00 September 30th, 2017|ICC, International awards|0 Comments

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