Oracle wants $211 million in “prejudgment interest” from SAP
Oracle wants $211 million in “prejudgment interest” from SAP

According to a court document filed by Oracle on Friday, the company is seeking an additional $211,662,935 in "prejudgment interest" from its Germany-based rival SAP AG. The request for the additional amount comes over and above the $1.3-billion jury verdict that Oracle won in November, after a widely watched copyright infringement trial.

Legally speaking, "prejudgment interest" is essentially meant to compensate a party for the loss of the use of funds and account for the effects of inflation after a party suffers economic damages.

The filing by Oracle says that both the companies could not agree on whether the final verdict in the case should make allowance for "prejudgment interest;" and, if yes, then in what amount.

As per Oracle, the filing of the request for the additional $211 million stems from the fact that the interest is necessary to "fully compensate" the company for the value of software licenses that SAP - which has acknowledged that its TomorrowNow subsidiary copied Oracle software without authorization - would have paid for in 2005 and 2006.

The filing also mentioned that both Oracle and SAP have already agreed that the latter will pay the former $120 million in attorney's fees.

Meanwhile, SAP - which has yet to reveal whether it will appeal the jury's award - said in response to Oracle's latest request for interest: "We don't believe that Oracle is entitled to any additional compensation beyond the final judgment in this case."

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