U.S. judge rejects damages claim

Aug. 23, 2007
Leuven, Belgium: The County District Court in Dallas, Texas, USA, has ruled that there were no grounds for a damages claim by the shareholders of Rose Research against the Belgiumbased semiconductor research centre IMEC. With this judgement,

Leuven, Belgium: The County District Court in Dallas, Texas, USA, has ruled that there were no grounds for a damages claim by the shareholders of Rose Research against the Belgiumbased semiconductor research centre IMEC. With this judgement, IMEC will not be held responsible for the financial losses supposedly incurred by the shareholders of Rose Research due to the failing of Rose Research in the commercialisation of a technology.

Since the end of 2003, a complaint has been pending filed by the shareholders of Rose Research—an investment company from Dallas with Belgian roots—against, among others, IMEC. The judge has now upheld the jury’s verdict of 20 March of this year.

Sponsored Recommendations

Highly Integrated 20A Digital Power Module for High Current Applications

March 20, 2024
Renesas latest power module delivers the highest efficiency (up to 94% peak) and fast time-to-market solution in an extremely small footprint. The RRM12120 is ideal for space...

Empowering Innovation: Your Power Partner for Tomorrow's Challenges

March 20, 2024
Discover how innovation, quality, and reliability are embedded into every aspect of Renesas' power products.

Article: Meeting the challenges of power conversion in e-bikes

March 18, 2024
Managing electrical noise in a compact and lightweight vehicle is a perpetual obstacle

Power modules provide high-efficiency conversion between 400V and 800V systems for electric vehicles

March 18, 2024
Porsche, Hyundai and GMC all are converting 400 – 800V today in very different ways. Learn more about how power modules stack up to these discrete designs.

Comments

To join the conversation, and become an exclusive member of Electronic Design, create an account today!