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  1. #571
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    Aussies stealing our stuff again...

    FPH FILE PATENT INFRINGEMENT PROCEEDINGS AGAINST RESMED

  2. #572
    ... malus's Avatar
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    I'm going to be at the ASM next Tuesday 23 Aug, anyone else planning go?

  3. #573
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    Quote Originally Posted by malus View Post
    I'm going to be at the ASM next Tuesday 23 Aug, anyone else planning go?
    Where is the venue ?

  4. #574
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    Quote Originally Posted by Jim View Post
    Where is the venue ?
    Ellerslie Event Centre in Auckland

  5. #575
    always learning ... BlackPeter's Avatar
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    Quote Originally Posted by Jaa View Post
    Well, its not really Aussies - ResMed's headquarter is California based since 1990.

    http://www.resmed.com/us/dam/documen...Fact-Sheet.pdf

    Looks like as well that while they agree that it was the same idea, they seem to disagree about who stole the IP from whom. They just filed a counterclaim. Now the courts just need to establish who had it first:

    https://www.nzx.com/companies/FPH/announcements/287408

    Overall - I just hope that they find a way to sort the whole thing without a long court battle. Though its not David against Goliath, but ResMed is larger than F&P and they might have as well some benefits by sitting closer the the US justice system.

    However it goes - the clear winner will be a number of lawyers ... lets hope its not the shareholders to loose.
    ----
    "Prediction is very difficult, especially about the future" (Niels Bohr)

  6. #576
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    Quote Originally Posted by BlackPeter View Post

    However it goes - the clear winner will be a number of lawyers ... lets hope its not the shareholders to loose.
    It's bound to be the shareholders who lose in the short term as this just increased risk and uncertainty.

    discl. hold

  7. #577
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    Quote Originally Posted by Biscuit View Post
    It's bound to be the shareholders who lose in the short term as this just increased risk and uncertainty.

    discl. hold
    Agreed, disappointing that two very successful companies couldn't have worked this out by themselves.

  8. #578
    Outside thinking.
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    Quote Originally Posted by Jaa View Post
    Agreed, disappointing that two very successful companies couldn't have worked this out by themselves.
    Just like Samsung and Apple did !!??

  9. #579
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    Quote Originally Posted by BlackPeter View Post
    Well, its not really Aussies - ResMed's headquarter is California based since 1990.

    http://www.resmed.com/us/dam/documen...Fact-Sheet.pdf

    Looks like as well that while they agree that it was the same idea, they seem to disagree about who stole the IP from whom. They just filed a counterclaim. Now the courts just need to establish who had it first:

    https://www.nzx.com/companies/FPH/announcements/287408

    Overall - I just hope that they find a way to sort the whole thing without a long court battle. Though its not David against Goliath, but ResMed is larger than F&P and they might have as well some benefits by sitting closer the the US justice system.

    However it goes - the clear winner will be a number of lawyers ... lets hope its not the shareholders to loose.
    It would be interesting to see whether FPH have included IP Insurance as part of their risk management programme. If so, then the effects of this could be negligible. Most likely there will be a settlement one way or another and both parties will move on.

  10. #580
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    Quote Originally Posted by Grunter View Post
    It would be interesting to see whether FPH have included IP Insurance as part of their risk management programme. If so, then the effects of this could be negligible. Most likely there will be a settlement one way or another and both parties will move on.
    A good question to ask on Tuesday (I can't be there unfortunately).

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