Jun 30

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Preliminary Injunction Stops U.S. Sales of Samsung Galaxy Tab 10.1

Apple’s request for a preliminary injunction stopping U.S. sales of Samsung’s Galaxy Tab 10.1 was granted this week by U.S. District Judge Lucy Koh.  Apple asserts that this Samsung product infringes on Apple patents ( a claim Apple has similarly made regarding other Samsung products).

In order to effectuate the injunction, Apple will have to post a $2.6 million bond.  If the injunction is later overturned, Samsung can request damages for its lost profits resulting from the injunction, which would be recoverable against this bond if awarded.

About the author

Renee Howdeshell

Renee Howdeshell is a founding member of Fulcrum Inquiry, an accounting, finance and economic consulting firm that performs damage analyses for commercial litigation, forensic accountings, royalty & distribution audits, financial investigations, and business valuations. Ms. Howdeshell holds a degree in Finance and Marketing from the University of Virginia's McIntire School of Commerce and is a Certified Public Accountant (CPA) and a Certified Fraud Examiner (CFE). She has testified as an expert witness in federal court, CA state court and arbitration regarding the results of her work. She can be reached at (213) 787-4112 and her resume is available at www.fulcrum.com.

Permanent link to this article: http://betweenthenumbers.net/2012/06/preliminary-injunction-stops-u-s-sales-of-samsung-galaxy-tab-10-1/

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