Arbitration Tribunal Issues Final Award in Favor of InterDigital
On December 29, 2015, an international arbitration tribunal issued its final award in an arbitration initiated in March 2012 by LG Electronics, Inc. (LG) against Wilson Sonsini Goodrich & Rosati clients InterDigital Technology Corporation, IPR Licensing, Inc., and InterDigital Communications, Inc. LG had sought a declaration that it held a continuing license to certain technology owned by InterDigital under the parties' patent license agreement dated January 1, 2006 (the PLA). Rejecting LG's arguments, the arbitration tribunal found that LG's license with respect to 3G products under the PLA had terminated as of December 31, 2010, at the expiration of the PLA's five-year term. Wilson Sonsini Goodrich & Rosati represented InterDigital in the matter.
The WSGR team that represented InterDigital was led by partners David Steuer, Matt Reed, and Michael Levin, and included Of Counsel Natalie Morgan, associate Matt Argenti, and paralegals Bruce Chiang and Alex Castellanos.