Federal Judge Overturns $1.3 Billion Award in Landmark IP Lawsuit

3:40 pm Asset Protection, Business Planning

gavel 2 e1314977899988 Federal Judge Overturns $1.3 Billion Award in Landmark IP LawsuitYesterday, a federal judge in San Francisco overturned a $1.3 billion award to Oracle that it won in its landmark intellectual property lawsuit against SAP AG last November, calling the award “grossly excessive.”

According to an Associated Press article, U.S. District Court Judge Phyllis Hamilton said the size of the award “was contrary to the weight of the evidence.”  Oracle has the choice of accepting a lower award of $272 million, which was based on an earlier estimate from an Oracle expert on the profit Oracle lost and SAP gained, or proceed to a new trial.

In its suit, Oracle accused SAP AG subsidiary TomorrowNow of stealing software and customer support documentation and using the information to try to lure Oracle customers away from the company.  SAP admitted that the now-defunct subsidiary committed the theft, but argued that it should only have to pay $40 million for the accounts that TomorrowNow was successful in luring away.

Oracle said that it plans to fight for the $1.3 billion it was awarded by a jury verdict last November after the three-week trial.

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