Apple and Samsung CEO to sit down and discuss dispute
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According to a court filing Apple and Samsung have agreed to a mediation session, this session is to be held on or before February 19, this comes prior to their March court date regarding smartphone patents.
According to the filing both Tim Cook and Samsung CEO Oh-Hyun Kwon will be present during the session. In the beginning of this week legal teams from both companies met to “discuss settlement opportunities.”
As you might remember Apple and Samsung have been feuding in federal court in San Jose, California over the past two years. In the past a jury found Samsung guilty of infringing on Apple’s patents
In December 2013 Apple paid its leading outside law firm approximately $60 million for its part in the patent litigation suit, this according to a court document. As a result of the high legal costs Apple has argued that Samsung should pay $15.7 million toward paying the legal fees.
During the January 6th meeting Apple and Samsung agreed to the following:
- The parties agreed upon a mediator who has experience mediating high profile disputes. Mediation will take place by or before February 19, 2014;
- Each party’s Chief Executive Officer and 3-4 in-house counsel will attend the mediation;
- No outside counsel will attend the mediation.
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