Apple Was Asked Not To Sue Kodak Over Patent Claims

Posted on Mar 9 2012 - 5:52am by Editorial Staff

Over the Kodak – Apple patent lawsuit case, the bankruptcy company sees a success for the first time in days. Apple has been informed by Allan Gropper, US Bankruptcy Judge that it cannot continue to pursue litigation with Eastman Kodak, reports Reuters. Kodak has been already looking out ways to block a patent decision outside the bankruptcy proceedings.

Apple back in February last month had asked the court to sue the photographic company over freezing a patent lawsuit which is pending in a federal court in New York. But since Gropper denied the request, it clearly indicates that the case now will resolved with more faster pace rather than later as it is earlier assumed.

Kodak has accused Cupertino-based Company of trying to slow the patent sale process, which it must undertake during the month of June under the terms of a $950 million loan which it had secured from Citibank, helping it to afloat through bankruptcy. Apple had argued that patent litigation has been a major part of Kodak’s strategy.

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Editorial Staff at I2Mag is a team of subject experts led by Karan Chopra.