PCI Pal has announced that the Court of Appeal has ruled in its favour in the unfounded patent litigation case brought by Sycurio, and that the Court of Appeal has indicated that it would make an order for £1.1m of funds to be released from escrow to PCI Pal as soon as possible. The Court of Appeal dismissed the appeal after just one day of the two day hearing, and upheld the resounding victory in the UK High Court case in September 2023, including invalidating Sycurio’s patents for prior art an ....
22 May 2024
PCI Pal - Victory in the Court of Appeal, net cash upgrade of +£1.1m
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PCI Pal - Victory in the Court of Appeal, net cash upgrade of +£1.1m
PCI-PAL PLC (PCIP:LON) | 56.5 0 0.0% | Mkt Cap: 40.7m
- Published:
22 May 2024 -
Author:
Michael Hill | Kimberley Carstens -
Pages:
6
PCI Pal has announced that the Court of Appeal has ruled in its favour in the unfounded patent litigation case brought by Sycurio, and that the Court of Appeal has indicated that it would make an order for £1.1m of funds to be released from escrow to PCI Pal as soon as possible. The Court of Appeal dismissed the appeal after just one day of the two day hearing, and upheld the resounding victory in the UK High Court case in September 2023, including invalidating Sycurio’s patents for prior art an ....