Nokia Must Pay $2B To Enforce Daimler SEP Injunction

Law360 (December 18, 2020, 11:00 PM EST) -- A German appeals court ruled Thursday that Nokia must pay €1.67 billion ($2.05 billion) in order to enforce an injunction it won against Daimler in a standard-essential patent case, vastly more than the lower court said was necessary.

The amount of collateral the Munich Higher Regional Court ruled Nokia must pay to enforce the Germany-wide injunction on Daimler products is more than 90 times the €18 million ($22 million) the lower court set in October.

A Nokia representative on Friday confirmed that the appeals court had increased the amount, but declined to comment on whether the company intends to pay it....

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