Oracle loses bid to restore $1.3 billion SAP verdict, could get new trial

Oracle Corp failed to revive a $1.3 billion jury verdict in its long-running copyright dispute with German software company SAP SE as a U.S. Circuit Court of Appeals in San Francisco said jurors used "an undue amount of speculation" in awarding $1.3 billion in damages in 2010. District Judge Phyllis Hamilton in Oakland, California, had erred in concluding that Oracle deserved only $272 million of damages, a sum Oracle rejected. Writing for a three-judge 9th Circuit panel, Judge William Fletcher directed Hamilton to offer Oracle a choice of $356.7 million of damages or a second trial.

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