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Apple & Samsung CEOs Fail In Last-Minute Bid to Reach Out of Court Settlement

by Killian Bell | August 21, 2012August 21, 2012 4:00 am PST

Tim CookDespite a last-minute attempt to settle their differences out of court, Apple and Samsung could not reach a deal when their respective CEOs spoke over the telephone on Monday.

Judge Lucy Koh, the federal judge presiding over the lengthy case, which is now in its third week, ordered the two companies to make one last attempt to reach a settlement together before the trial goes to jury deliberations this week. But Apple CEO Tim Cook and Samsung CEO Kwon Oh Hyun failed to make any progress, according to an attorney for the Korean Galaxy S maker.

The jury will now decide who’s guilty of what, and then how much in damages the guilty party must pay the other. But like almost everything in this case, not even that will be straightforward. Apple and Samsung have failed to agree on the verdict paperwork the jury will use to reach their decision, and so deliberations have been delayed.

However, both companies were required to submit “no more than 16 pages of their 8 high priority objections by 8:00 a.m. on Monday,” so that deliberations could begin earlier this week. Once they’ve submitted those objections, neither party can file any further objections.

We’re certainly edging closer towards a conclusion of this trial, but right now, things are moving slowly. Closing arguments from both companies are scheduled for today.

[via Reuters]

Killian Bell

Killian Bell is a 20-something technology journalist based in a tiny town in England. He has an obsession with that little company in Cupertino...