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Industry committee  We know it was not a condition of the bid we were putting in. And if, as we said previously, it was something that any party felt there was any problem with—the process or conditions—that's why you have a court-monitored process, to go in and raise those concerns with the court a

August 7th, 2009Committee meeting

Richard Corley

Industry committee  It was a function of the process. We heard this morning from Nortel that through the negotiation of the stalking horse bid, the stalking horse bid involved the licence to use those patents rather than an outright purchase. That was in the box of apples, to use Mark Henderson's an

August 7th, 2009Committee meeting

Richard Corley

Industry committee  In a word, no, but as my partner, Paul Schabas, had pointed out, if RIM felt this was a real impediment to their providing a bid that would add value, the obvious thing for them to do would have been to go into court to say to the court that they objected to this form of NDA as i

August 7th, 2009Committee meeting

Richard Corley

Industry committee  It's because of the nature of this transaction. We are buying assets, we're not buying the enterprise; therefore, there's no opportunity to take advantage of those tax credits.

August 7th, 2009Committee meeting

Richard Corley

Industry committee  I'd like to add to that. On the future for Nortel--and I have not spoken to Nortel about this--I observed in the newspapers that there have been discussions about Nortel taking the patents it owns, licensing them, and using them as a basis of revenue going forward. So on the pa

August 7th, 2009Committee meeting

Richard Corley

Industry committee  From our perspective, the process was indeed one of the most rigorous and rigorously fair processes we've been involved in with the bankruptcy courts in both the U.S. and Canada. Every effort was made from our perspective to try to maximize the value, and I think that has been re

August 7th, 2009Committee meeting

Richard Corley

Industry committee  It's my understanding that there is no such restriction that is applicable, so we obviously don't have any knowledge of whatever arrangements may have been offered to RIM.

August 7th, 2009Committee meeting

Richard Corley

Industry committee  Ericsson is and has been involved in ongoing discussions with many parties, but it's subject to confidentiality and non-disclosure agreements. Within the context of the stalking horse bid, it is a matter of public record that Ericsson, together with two other parties, was invol

August 7th, 2009Committee meeting

Richard Corley

Industry committee  It's very important to understand that with a licence to technology, unlike a lease on a house, the fact that one person has a non-exclusive licence doesn't preclude another person from using that same asset. The fact that Ericsson has a non-exclusive licence, by its nature, mean

August 7th, 2009Committee meeting

Richard Corley

Industry committee  No, they go to Nortel.

August 7th, 2009Committee meeting

Richard Corley

Industry committee  Nortel retains the patent, and all that Ericsson has is the ability to use the patented technology, and Nortel is free to sell that, to licence it to as many other people as it wants, but controls that patent in the future.

August 7th, 2009Committee meeting

Richard Corley

Industry committee  The nature of patents and the whole purpose of the patent system is to have sufficient disclosure in the patent itself that others who are skilled in the art can take that information from the patent and make use of it.

August 7th, 2009Committee meeting

Richard Corley