Apple was somehow able to scrape up the necessary $2.6 million dollars for the bond needed to block sales of Samsung?s Galaxy Tab 10.1. Apple posted the bond almost immediately after winning an injunction against the iPad competitor.
AppleInsider:
Apple?s posting of the bond means that the injunction has taken effect and Samsung must cease stateside sales of the Galaxy Tab 10.1, or the company could be sanctioned for contempt, according to Florian Mueller of FOSS Patents.
The $2.6 million bond posted by Apple is to protect Samsung in the event that the Korean electronics giant appeals the injunction and wins. If the injunction is found to have been improperly granted, Samsung could receive the money to compensate for any losses.
Apple was granted the injunction against the Galaxy Tab 10.1 on Tuesday by U.S. District Court Judge Lucy Koh. In her ruling, she said that Samsung ?does not have a right to compete unfairly by flooding the market with infringing products.?
Samsung has already filed a motion to stay the injunction pending its appeal, saying the court ?erred by issuing a preliminary injunction based on a stale and incomplete record.?
A month remains before Apple and Samsung square off in court, their patent infringement lawsuits are scheduled to go to trial in late July.
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