7:20AM Pendrell subsidiary earlier cited denial of due process resulting from Justices' recusals, substantive errors in appellate decision in petition for rehearing (PCO) 1.33 : Citing procedural irregularities and the participation in deliberations of two California appellate court justices who later determined they were required to recuse themselves, ICO Global Communications, a subsidiary of Pendrell Corporation, filed a petition seeking a rehearing of the decision of Division 8 of the California 2nd District Court of Appeal that overturned one of the largest jury verdicts in the state's history. The motion, filed as part of ICO's ongoing litigation with The Boeing Company (BA) and certain of its affiliates, contends that ICO's rights to due process were violated by the participation of two justices who determined that they were required to recuse themselves late in the appellate process, after oral argument had already occurred. The motion also asserts that the Court erred in substituting its own interpretation of the evidence for the jury's conclusions. "Our petition for rehearing raises several serious issues about the process by which this case was resolved and the decision reached by the appellate court," stated Jerry Falk, a partner at Arnold and Porter who is leading the appellate team for ICO. "We believe the court misapprehended key facts and reached erroneous conclusions of law in deciding to overturn the jury's verdict. We are hopeful that upon further consideration the court will correct the mistakes we identified and reach a different result." In addition to the due process issues raised by ICO, ICO is seeking rehearing of the Court's conclusion that ICO had waived its right to recover for Boeing's breach of contract, and the Court's conclusion that the jury's decision to award ICO damages for Boeing's fraud was not supported by substantial evidence.
Re: $1.49--Re: $1.25--Pendrell Corporation...Bounce Watch...Insider Buys...Chart
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 Reply to speculator - Msg #27 - 05/02/2012 08:50
$1.49--Re: $1.25--Pendrell Corporation...Bounce Watch...Insider Buys...Chart |
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