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Oracle’s Billion Dollar Verdict
Recently in an Oakland, California courtroom, a jury awarded Oracle Corp., a whopping $1.3 billion verdict against competitor, SAP AG, a market and technology leader in business management software, for damages due to copyright infringement by a now-defunct software maintenance unit called, TomorrowNow. Attorney and co-host Bob Ambrogi welcomes Attorney Carol Smith, from Hiaring + Smith LLP and David H. Levitt, Partner at the firm, Hinshaw & Culbertson LLP, as they take a look at this complicated case that is sweeping the legal community. They discuss copyright infringement and stolen intellectual property, SAP’s admitted liability, the significance of the billion–dollar jury award and the impact of this case on future cases.