View Single Post
Old 02-24-2006, 01:24 PM   #18 (permalink)
beans
New Member
 
Join Date: Feb 2006
Location: SECANE PA.
Model: 7100i
Posts: 10
Post Thanks: 0
Thanked 0 Times in 0 Posts
Default no decision Friday

RICHMOND, Va. -- A judge ended a hearing over a request for an injunction against the maker of the handheld BlackBerry device without issuing a decision Friday.

Shares of BlackBerry-maker Research In Motion Ltd. rose $5.54, or 8 percent, to $75.07 on the Nasdaq Stock Market after the hearing was adjourned.

During the hearing, NTP Inc., a small patent holding firm that successfully sued Research In Motion, asked U.S. District Judge James R. Spencer to impose an injunction on the service but permit a 30-day grace period so all sides could work out the details of how to exempt government and emergency workers, among other issues.

The Arlington, Va.-based company also recommended that the judge immediately halt sales of new BlackBerry devices and award it $126 million in damages _ for starters. RIM has deposited $250 million or more in escrow, and NTP says that pot of money should be reserved just in case newer BlackBerry devices infringe on its patents.
Offline