Question-and-Answer Session
Operator
(Operator's instruction) Your first question comes from the line of Jeff Schreiner - Capstone Investments.
Jeff Schreiner - Capstone Investments
A lot of these will be for Tom most likely here on the questions I have on the conference call but Tom, I am just wondering about timing in regards to Rambus filing. What request is going to make for damages in the antitrust case and alongside that, a lot of investors are being increasingly concerned about what impact of bankruptcy possibly to defendants in the antitrust case? Could that have on the potential damage award and the collectability given its joint several liability?
Thomas Lavelle
Hi Jeff. It is Tom. Let me answer the second one first that is the bankruptcy issue. As you already pointed out, the three defendants in the case assuming there is found to be liability at the end of the trial, have what is known as you just described joint in several liabilities. So, whoever has sufficient funds to pay the damages ultimately will be in the position of paying those funds. I may be not quite as pessimistic as some out there I think, Micron and Hynix are both in decent shape and as the economy recovers over time, I think all three of them will be around in a position to pay the damages as they are identified by a jury.
The amount of the damages as you may already know, there is a public disclosure that we have asked or prayed for, it is the term in California state court, $4.3 billion is the number and a question that may be associated with that is what if anything did Judge Kramer's ruling due to that number in light of the limitation he put in place and the, we have not got the final number answer for that and we have not made our final statement of what our damages are going to be. We actually asked one of the jury but the reduction will be very, very small against that $4.3 billion and what we formally asked for, I am not in the position to tell you and remember that $4.3 billion is prior to tripling.
Jeff Schreiner - Capstone Investments
Okay and in prior conference call, Tom you have alluded kind of that Rambus is looking into, you and your team are looking into may be the crossover and damages there could be between the antitrust trial and the other patent trials involving similar defendants. Given recent commentary from Judge Kramer, and what his belief is that maybe each of these are going to be individual action and will be viewed separately, shall we be viewing antitrust damages as incremental, substantial damages that someday down the road could be in fact one in patent infringement cases?
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