LG Fined €130,000
European courts have now overturned the seizure and blockade of UK PS3s after an earlier ruling in LG's favour forbade the import of Playstation consoles into Europe (pending a royalty hearing). This could have caused a stock shortage if left unchecked, but not only are Sony now free to resume the steady flow of PS3s into Britain, but LG have been fined for the inconvenience!
This latest ruling from The Hague has now freed the impounded PS3 consoles (rumoured to number in the tens of thousands), as well as slapping LG with a €130,000 fine. If unpaid, it will increase by €200,000 per day... though they've almost certainly dealt with it already.
This is an important first step for Sony, but this case is far from over. This court order only affects the PS3 seizures and blockade, but the bitter squabble over alleged patent violations still rages on. LG are seeking royalties worth 180 million US Dollars, and considering the broad and generic nature of the patents in question (and the fact that LG have their own suits to counter), this issue will be hanging over Sony for a long while yet. [GamesIndustry]