NH Supreme Court Upholds $23 Million Nokia Oral Deal

NH Supreme Court Upholds $23 Million Nokia Oral Deal

By Editorial Team

The New Hampshire Supreme Court has upheld a $23 million award granted to Collision Communications against Nokia. The award stems from an over-the-phone deal made for patent licenses in 2017.

The federal jury initially granted the $23 million award to Collision Communications, and the New Hampshire Supreme Court’s decision affirms this ruling.

The case involved several law firms, including McCarter & English, Primmer Piper, Ropes & Gray, and Upton & Hatfield. Nokia Corp. was the defendant in this legal battle.

The court’s decision marks a significant victory for Collision Communications and solidifies the enforceability of oral agreements in business dealings. This case serves as a reminder for companies to carefully document and adhere to all agreements, whether written or oral, to avoid potential legal disputes.

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NH Supreme Court Upholds $23 Million Nokia Oral Deal

About Shaina Lumish

Corporate Counsel, Renesas Electronics America Inc. | USA

About Shaina Lumish

Sasha Tan is the founder and CEO of Favful, a TripAdvisor-like platform for beauty products. As a serial entrepreneur, she started her first F&B business in Singapore at age 21. She is also well-versed in growing internet businesses as the former founding team member and VP of the online grocery delivery start-up, HappyFresh. Backed by Segnel Ventures, Gobi Partners, and 500 Startups before its official launch, Favful is now present in three countries, works with 20,000 beauty advisors, partners with over 2,000 brands, and covers more than 40,000 products to date.