Whenever a party enters into a contract with another party, he/she is agreeing to the terms and conditions set out in that contract. However, the assumption is that if one of the party fails to abide by the terms of the contract, that the other party may terminate the contract.…
Four years ago, Microsoft was sued by a technology company for patent infringement. The Toronto-based company, i4i, won its patent lawsuit against the computer giant and were to receive a payment of $290 million for Microsoft’s wrongdoing. However, the payment by Microsoft had been held up by the appeals process…