“A U.S. judge on Thursday expressed concern over a proposed $450 million settlement of claims Apple Inc conspired with five publishers to fix e-book prices, saying its provisions could drastically reduce money paid to consumers depending on appeals,” Nate Raymond reports for Reuters. “U.S. District Judge Denise Cote in Manhattan said she found “most troubling” a clause requiring Apple to pay only $70 million if an appeals court reversed her finding that the company is liable for antitrust violations and sent it back to her for further proceedings.”
“Speaking on a teleconference, Cote questioned if that would be fair and what might happen if the appeals court reversed her ruling on a minor issue. She also took issue with the lack of any requirement for Apple to pay interest while the appeals go forward,” Raymond reports. “The size of the Apple settlement depends on the outcome of the company’s appeal of Cote’s liability finding to the 2nd U.S. Circuit Court of Appeals.”
“If Apple loses its appeal, it would pay $400 million to consumers and $50 million to the states and plaintiffs’ lawyers,” Raymond reports. “In contrast, if Apple’s appeal is successful but the 2nd Circuit returns the case to Cote for further proceedings or a new trial, the company would pay just $70 million, with $50 million for consumers. If the 2nd Circuit reversed Cote outright and ended the case, Apple would pay nothing.”
Read more in the full article here.
MacDailyNews Take: Such a silly, vapid, blank-eyed puppet.
May justice someday prevail.
Related articles:
In pretrial view, judge says leaning toward U.S. DOJ over Apple in e-books case – May 24, 2013
Lawyers have complained for years that Judge Denise Cote pre-judges cases before she enters the courtroom – August 14, 2013
U.S. Federal Puppet Denise Cote: Apple cannot escape U.S. states’ e-book antitrust cases – April 15, 2014
U.S. Federal Puppet Denise Cote: ‘Apple’s reaction to the existence of a monitorship underscores the wisdom of its imposition’ – January 16, 2014
Judge Denise Cote denies Apple request block her friend as ‘antitrust compliance monitor’ – January 13, 2014
Antitrust monitor Bromwich rebuts Apple accusations of ‘unconstitutional’ investigation – December 31, 2013
Apple seeks to freeze its U.S. e-books ‘antitrust monitor’ – December 15, 2013
The persecution of Apple: Is the U.S. government’s ebook investigation out of control? – December 10, 2013
Apple’s Star Chamber: An abusive judge and her prosecutor friend besiege the tech maker – December 5, 2013
Apple takes aim not just at court-ordered e-books monitor, but also at U.S. District Judge Denise Cote herself – December 2, 2013
U.S.A. v. Apple: Judge Denise Cote assigns DOJ monitor in Apple ebook price-fixing case – October 17, 2013
U.S.A. v. Apple: Judge issues injunction against Apple in ebooks antitrust case; largely in line with what DOJ wanted – September 6, 2013
U.S.A. v. Apple: Judge Denise Cote says Apple needs third-party supervision after ‘blatant’ ebook price fixing – August 28, 2013
She has a hard-on for Apple for some reason. She should have her finances checked, because it’s clear Apple is not guilty of fixing any prices but their percentage (already standard), and this knucklehead assigned a brutal tyrannical overseer of the order. When will their appeal get a hearing???
She didn’t get the payoff she demanded
Oh no,hasn’t she been thrown over her bench yet? I am so dismayed with her biased opinion towards Apple and her snide comments. I’m beginning to wonder if she’s anti-American or on the take. Samsung?
I think this issue will be taken care of once Apple hires Jay Carney.
Then we’ll really hear the lies.
All those folks really want is the pay and something prestigious to add to their resume for their future bosses.
Apple could be well advised to take him in just for lobbying power and otherwise leave him ‘working from home on mysterious marketing projects and subject to a confidentiality terms’.
Cote, a Bill Clinton nominee, would have difficulty figuring out how to bake cupcakes correctly. She’s one of the worst judges in the country – and that’s really saying something. She’s a cretin who’s in way, way over her head. I’ve heard whispers out of NY that she might actually be mentally retarded. She certainly has some sort of intellectual disability, that much is quite evident.
You’re so much smarter than everyone, what is it you do?
not smarter than everyone, just waaaaay smarter than YOU.
Now, now, poor Artist may be intellectually challenged, but he’s downright awesome with finger paints.
Let’s suppose that F14T16 and bottvinnik were interested in open and unbiased discussions. Do you suppose that they might ever point out *anything* that a Republican president might have done wrong? Anything? There are a lot of choices…
I am not defending Cotes. And I am not defending Clinton or Obama – those guys can defend themselves, if they care to do so. But your incessant harping on Democratic politicians and absolute silence on anything that a sainted Republican might do wrong (as if that could happen) renders your comments suspect (at best), specious, or worse.
You will attempt to label me…to affiliate me with those that you hate so that you can rationalize dismissing me. But that won’t provide any validity to your generally biased, tunnel-visioned viewpoints.
My preference would be for you two a$$holes to peddle your political cr@p somewhere else. We don’t want it here. We don’t need it here. And many of us despise you two cretins.
do you ever take a good look around america these past 6 years?
many people are grieving over the evisceration that has taken place and the grim prospects for the future.
do you honestly think 0bama is to be commended for ANYTHING?
Obama only got elected twice. Doesn’t look like remorse to me.
“We don’t want it here. We don’t need it here. And many of us despise you two cretins.”
Personally I despise assholes who have the gall to speak for everyone, but you liberals seem to have a knack for that.
hmm..a self-appointed mouthpiece of “The Great We”, yet not even a registered MacDailyNews user. Or, even more cowardly, a prick who doesn’t have the courage to post under his legitimate, registered name.
she requires the oral dosage, I hope your three cases aren’t the suppositories.
http://www.gallup.com/poll/113980/Gallup-Daily-Obama-Job-Approval.aspx
Does anyone have a home or courtroom address for her?? I’ve got 3 cases of Preparation H in my garage just looking for a new and deserving home!!
she requires the oral dosage, I hope your three cases aren’t the suppositories.
if Apple’s appeal is successful but the 2nd Circuit returns the case to Cote for further proceedings or a new trial, the company would pay just $70 million, with $50 million for consumers. If the 2nd Circuit reversed Cote outright and ended the case, Apple would pay nothing.”
Isn’t that just about exactly what should happen?
And she’s worried about Apple not paying interest while the case is on appeal on money that isn’t owed until the appeal is lost. SHE’S A FSCKING IDIOT!!!!
OJ.
Except without the murders…
It’s obvious she just wants to bleed Apple because she can. She is seriously bias.
When I read her comments I can’t help but hear “show me the money”. It’s pretty obvious she doesn’t care about anything but sticking it to Apple and taking money their money. She’s coming across as someone’s corrupt puppet…..hmmmm.
‘She is seriously *biased*.
She is not certain of her judgement and may have realized this some time ago. What error(s) does she believe were made and how will that effect her little demon she let loose on Apple. Maybe she is becoming concerned about losing, then having Apple go after her and that precious pet.
You mean Apple could go after her, way kewl. Oh please elucidate, such a scenario would be fantastic.
Would it be like Apple vs. Cote?
Oh that’s total drool. I wonder who she would get to defend her? Maybe some Amazon lawyers.
Apple should pay anything if her decision is overturned? Call me gobsmacked. How about SHE has to pay Apple back if her decision is overturned?
I hope someone around these parts can supply any precedence for her idea.
Well, she wants to be able to hold Apple liable for plenty of cash if the appeals court reversed and sends the case back to her for further proceedings; meaning, the appeals court thinks a new trial is required.
After this new trial, Apple court be found liable AGAIN (and probably will be, considering who the judge is), and now Judge Cote will be limited to $70M.
Oh goodness gracious where to begin, once the laughter has settled. I got it, a top 10 list of things Koh Cote should be concerned about:
10. The voices in her head.
9. The redundant messages from the voices in her head.
8. The changing messages of the voices in her head.
7. The amount of voices in her head.
6. The laughter of the voices in her head.
5. The laughter of a bunch of folks here at MDN.
4. The laughter of the folks once the 2nd Circuit reverses her outright and ends the case, Apple would pay nothing.
3. Another bad hair day.
2. Finding a tin foil hat that fits.
1. MDN fans.
You’re on a roll this week! 😀
11. Her Amazon shares tanking.
Oh yes, that’s gotta hurt….and the hits just keep on coming. Thanks, made my day.
I’m concerned too. It should be $0.
Has anyone asked her about her opinion on Amazon’s bullying?!?
So, when a puppet speaks, whose voice is doing the actual speaking? Immediately Bezos comes to mind. Spooky speech at a distance? The tangled web of deceit.
US federal puppet should be the actual title she’s given. It fits so perfectly.
…
How about ‘court jester’?
Good grief. If her ruling is overturned by the appeals court, even if on a small technicality, it’s still overturned! Amazing.