Federal Court Increases Damages Amount Oracle Can Seek Against Rimini Street
(firmenpresse) - REDWOOD SHORES, CA -- (Marketwired) -- 07/27/15 -- On July 24, 2015 a federal court ruled that Oracle (NYSE: ORCL) may expand the damages it seeks from Defendants Rimini Street and its founder and CEO Seth Ravin in Oracle''s lawsuit against them for copyright infringement and related claims set for trial on September 14 in Las Vegas.
The court ruled that Oracle may seek damages "attributable... to the nearly two and a half years of continued litigation between the parties during which Rimini allegedly continued to engage in copyright infringement." This ruling will significantly increase Oracle''s claimed damages beyond the more than $209 million it already sought.
In addition, contradicting Rimini''s recent claim in a press release that it "looks forward to its day in court," the court observed that "defendants request the court postpone the pending trial." The court denied Rimini''s motion as an "unreasonable delay of trial."
Oracle offers a comprehensive and fully integrated stack of cloud applications and platform services. For more information about Oracle (NYSE: ORCL), visit .
Oracle and Java are registered trademarks of Oracle and/or its affiliates. Other names may be trademarks of their respective owners.
Deborah Hellinger
Oracle
+1 212-508-7935
Themen in dieser Pressemitteilung:
Unternehmensinformation / Kurzprofil:
Datum: 27.07.2015 - 09:00 Uhr
Sprache: Deutsch
News-ID 1374726
Anzahl Zeichen: 0
contact information:
Contact person:
Town:
REDWOOD SHORES, CA
Phone:
Kategorie:
Software
Anmerkungen:
Diese Pressemitteilung wurde bisher 215 mal aufgerufen.
Die Pressemitteilung mit dem Titel:
"Federal Court Increases Damages Amount Oracle Can Seek Against Rimini Street
"
steht unter der journalistisch-redaktionellen Verantwortung von
Oracle Corporation (Nachricht senden)
Beachten Sie bitte die weiteren Informationen zum Haftungsauschluß (gemäß TMG - TeleMedianGesetz) und dem Datenschutz (gemäß der DSGVO).
