[Barcey]

Originally Posted by John F

http://news.yahoo.com/apple-450-mill...--finance.html

I'm curious about the initial paragraph I posted. I thought this was a mutually agreed upon settlement, so how did "apple win approval"?

Judge Cote wasn't happy with parts of the settlement.

http://www.reuters.com/article/2014/...0FT2WK20140725

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.

On Thursday's call, Cote expressed concern that the middle scenario might be unfair to consumers by undervaluing their claims.

Steve Berman, a lawyer for the consumers, told her that such an outcome would result in a "much bleaker universe" for his clients.

"We thought given that unlikely scenario and the legal risk we would face it would be a good outcome for consumers," he said.

After the call ended, Berman said the parties would consider Cote's concerns. Apple did not respond to a request for comment.