Tuesday, July 24, 2012

Eastman Kodak (EKDKQ) Vs Apple Inc.(NASDAQ:AAPL) : EK Gets Favourable Court Ruling

Eastman Kodak Company(PINK:EKDKQ) won the court ruling against Apple Inc.(NASDAQ:AAPL) over patent infringement. The company had been charged earlier by Apple Inc. of violating its way of processing digital images. The case was filed at the U.S. International Trade Commission. 
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Confirming on the victory, Chris Veronda, a spokesperson from Kodak said, “The court has affirmed that Apple’s legal position in this matter was without merit.”  The fact that the Eastman Kodak Co. has always vouched the filing as Apple’s strategy of raising legal arguments, considers this as a counter-step of distracting Kodak’s central assertion that Apple and others have repeatedly violated our intellectual property rights. Though there has been no formal opinion, the U.S. Court of Appeals for the Federal Circuit affirmed an ITC ruling from July 2011 that an Apple patent wasn’t infringed. The Notice of the decision was posted on the court’s website. Apple which has been off late facing bitterness in other similar kind of cases had filed the case against Kodak after being targeted in a patent suit by Kodak. Apple which had also filed a case against Google’s Motorola Mobility, had been rejected an injunctive relief by Richard A Posner, a judge in the federal court in Chicago. 
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Kodak had charged the iPhone maker stating that the patent claim for image-preview feature infringement was invalid and unsound. 
Kodak, which filed for bankruptcy protection in January, is relying on its patent portfolio to help fund a turnaround. The company is auctioning off two groups of patents and plans to announce winners on Aug. 13.

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