Appeals court upholds EchoStar contempt finding
WASHINGTON | Wed Apr 20, 2011 12:43pm EDT
(Reuters) - A U.S. appeals court upheld on Wednesday a finding that EchoStar Corp was in contempt of a patent infringement injunction involving TiVo Inc technology by failing to disable recording features in certain TV set top boxes.
But the U.S. Court of Appeals for the Federal Circuit asked a lower court to reconsider how it reached its decision that EchoStar was in contempt of a permanent injunction related to infringement of a patent for TiVo's Time Warp software.
TiVo shares shot up after the court ruling, trading up more than 30 percent in the early afternoon.
EchoStar shares were trading up about 2 percent after the decision.
Credit: Reuters (www.reuters.com)
No comments:
Post a Comment