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.