The court in California has comprehensively thrown out the patent case brought by Nestor against Transol, rejecting all the Nestor arguments.
This sends a strong message that the case brought by Nestor against Redflex, (which always looked weaker than that against Transol), has no legs.
Nestor do not have a big reserve of cash, and may not be able to stand any significant damages award, so we will could well see a further rationalization in the industry. The departure, or serious weakening, of Nestor, could only result in an improvement in the Redflex position.
The court in California has comprehensively thrown out the...
Add to My Watchlist
What is My Watchlist?