iRunway congratulates its clients – Versata Software and McKool Smith – on this landmark verdict. The jury awarded Versata $260 Million for lost profits and $85 Million as reasonable royalty.
This damages retrial follows the $138.6 Million patent jury verdict against SAP in 2009. The original verdict was set aside by the district court Judge (Eastern District of Texas) following the Federal Circuit’s decision on how financial penalties should be calculated.
iRunway’s technical experts worked with McKool Smith lawyers on the case for the last four years.
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