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Litigation

Jun. 28, 2012

Roller coaster contract dispute settled for $10 million

A $10 million settlement has been reached in a long-running contract dispute that saw a $612 million judgment vacated and raised eyebrows after it emerged that two appellate justices owned stock in one of the litigants.


By Ciaran McEvoy


Daily Journal Staff Writer


A $10 million settlement has been reached in a long-running contract dispute that saw a $612 million judgment vacated on appeal and raised eyebrows after it emerged that two justices who heard the appeal owned stock in one of the litigant companies.


Pendrell Corp., an intellectual property consulting firm formerly known as ICO Global Communications Ltd., announced the deal on Monday. The settlement c...

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