$283M Damage Award Favoring ViaSat Set Aside by JudgeTuesday, August 12, 2014
A federal judge in San Diego set aside the $283 million damage award against Loral Space & Communications Inc. in its case involving Carlsbad-based ViaSat Inc., Loral announced on Aug. 11.
ViaSat (Nasdaq: VSAT), in its own announcement, said that the judge nevertheless upheld the verdict in the breach of contract and patent infringement lawsuit.
A new trial to determine damages was tentatively set for November.
At issue is technology in the ViaSat-1 satellite that Space Systems/Loral built for the local company. ViaSat claims that the then-subsidiary of Loral (Nasdaq: LORL) used ViaSat technology without permission and sold it to Hughes.