Milestone Wins Partial Damages Against OnSSI

By: Brian Karas, Published on Aug 08, 2016

Milestone wants OnSSI to pay up.

A Danish court has issued damages against Milestone's former top partner. But OnSSI says they are going to come out on top in the end.

In this report, we examine what is going on, with responses from Milestone and OnSSI and look at the future impact.

********* ***** ***** ** pay **.

* ****** ***** *** issued ******* ******* *********'* former *** *******. *** OnSSI **** **** *** going ** **** *** on *** ** *** end.

** **** ******, ** examine **** ** ***** on, **** ********* **** Milestone *** ***** *** look ** *** ****** impact.

[***************]

Milestone's ****

* ****** *********** ***** have ***** **** *********'* claims ** ****** ** contract ** * **** regarding ***** ******** *** relationship **** *****. ********* claimed ***** ****** ** meet ***** ** ***** agreement ****** ***** **** annual ********** ***********, *** that ***** ** ****** for ***** ***********.

************** * ******** **** the ** ******** ******* *** **** ****** the ***** ** *********, and *******, **** ******** by *** ****** *****.

Damages *** *********

*** ****** ** ******* are *** ***** ********* but **** ********** **** a * **** ******, as ***** ** **** court ****** *******:

OnSSI **** *** ******* ******, *** ***** ** ***** *******

***** **** *** ******* the ******** ** *** Danish *****, *** **** that ** ******** ****** be **** ***** *** entire **** ** *******.

** * ************ **** IPVM, ***** ***** **** this *** **** * partial ***** *** * smaller **** ** * multi-claims **** ***** **** Milestone *** ***** ****** claims ******* **** *****. Milestone ****** *** ***** and ******* ***** *** OnSSI ****** **** ** heard *** ******* *****, emphasizing **** *** ******, more *********** ****, ****** by *****, *** ** be ********** ** **** which ***** ********* ********** in *******.

*****'* ******** ** **** once *** ******** *** fully *******, ********* **** ultimately *** ***** *****, and ***** ** ** reason ***** ****** *** money *** **** **** will **** ******* **** in *** **** ******.

Continued *********** / ***** *************

*** ******* ******** *********** will ******** ** ******** 2017.

*****, ************ ********, ******** **** ********* has *** ********* *** duties ** ******* ******** of ******* ** ******* paid ******** *********** *** access ** ********* ******** upgrades.

***** *** ********* ******** about *** ************ ** this ****, **** ********* claiming:

*** ***** ***** ** the *********** ******** *** most *********** *****, *** a ******* ****. *** arbitral ***** *** ** Milestone’s ***** *** ** is * ***** *** binding ******** ********* *** material ****** ********* ***** has ** ******* ** future *********** ** ********** between *** *******.

Upcoming ******* ******** ** *****

** ***** ******** ** the ****** ****, ** may ********* *** ******* owed **** **** ***** part ** **** ** enabling **** ** ***** their ********* ******** ******* and ***** **** **** part ** ***** **********.

*******, ** ***** ***** in *** ******** *******, OnSSI ***** ** ** significant *******, **** ****** to *** ********* ******* as **** ** ******** access ** ********* ******** that **** ** ***** customers ***** ***.

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