Adeia announced that the Canadian Court of Appeals has issued its rulings in the company’s appeals of both the Videotron and Bell/Telus cases. The court agreed with the company on several key issues, finding that the lower court erred in multiple aspects of its analysis relating to royalty-based damages, accounting of profits and injunctions, which ultimately supports patent rights and the patent licensing environment in Canada. While the court upheld the invalidity findings of the lower court related to the patents at issue in those cases, the company believes the otherwise favorable rulings will be beneficial in the company’s second phase of cases against Videotron and Bell scheduled to go to trial in 2025 and in its licensing efforts generally in Canada.
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