Prism Technologies v. Sprint Spectrum L.P.

Filing 591

ORDER AND JUDGMENT - Prism's motion for prejudgment and postjudgment interest (Filing No. 489 ) is granted. Prejudgment interest shall be applied to the $30 million dollar verdict at a prime rate of 3.25% and compounded quarterly r esulting in the amount of $2,001,923. Postjudgment interest shall be calculated from the date of the entry of judgment using the weekly average 1-year constant maturity Treasury yield compounded annually pursuant to 28 U.S.C. § 1961. Spr int shall pay Prism $2,001,923 together with postjudgment interest from the date judgment, June 24, 2015, until satisfaction, in accordance with 28 U.S.C. § 1961. Prism's motion for an accounting and ongoing royalties (Filing No. 496 ) is denied. Ordered by Senior Judge Lyle E. Strom. (GJG)

IN THE UNITED STATES DISTRICT COURT
FOR THE DISTRICT OF NEBRASKA
PRISM TECHNOLOGIES, LLC,

)
)
Plaintiff,
)
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v.
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SPRINT SPECTRUM L.P.,
)
d/b/a SPRINT PCS,
)
)
Defendant.
)
______________________________)

8:12CV123

ORDER AND JUDGMENT

Pursuant to the memorandum opinion entered herein this
date,
IT IS ORDERED:
1) Prism’s motion for prejudgment and postjudgment
interest (Filing No. 489) is granted.
Prejudgment interest shall be applied to the $30
million dollar verdict at a prime rate of 3.25% and compounded
quarterly resulting in the amount of $2,001,923.
Postjudgment interest shall be calculated from the date
of the entry of judgment using the weekly average 1-year constant
maturity Treasury yield compounded annually pursuant to 28 U.S.C.
§ 1961.
Sprint shall pay Prism $2,001,923 together with
postjudgment interest from the date judgment, June 24, 2015,
until satisfaction, in accordance with 28 U.S.C. § 1961.

2) Prism’s motion for an accounting and ongoing
royalties (Filing No. 496) is denied.
DATED this 18th day of December, 2015.
BY THE COURT:
/s/ Lyle E. Strom
____________________________
LYLE E. STROM, Senior Judge
United States District Court

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