TORONTO-NTP Inc. said the U.S. Court of Appeals for the Federal Circuit has denied Research In Motion Ltd.’s motion to stay or suspend the patent case between the two companies pending a Supreme Court review, according to a Reuters report.
Earlier this month, RIM said it planned to submit its case to the U.S. Supreme Court after a U.S. appeals court ruling denied the BlackBerry maker a rehearing in the case.
RIM has been embroiled in a patent infringement dispute with patent-holding company NTP for more than three years.
According to the Reuters report, NTP said the case now will move back to the District Court where it originally was heard for re-confirmation of the injunction on the sale of BlackBerry devices and service.
The two companies had reached a $450 million settlement earlier this year, but the deal fell apart.
Trading on RIM’s shares was halted following the news. The last trade of the company’s shares at mid-day Friday was $61.12, down 5.47 percent.
